Topaz Energy
TPZ.TO
$16.55
Share price
0.62%
Change (1 day)
16.88%
Change (1 year)
Categories
Operating Margin for Topaz Energy (TPZ.TO)
Operating Margin as of April 2024 (TTM): 31.61%
According to Topaz Energy's latest financial reports and stock price the company's current Operating Margin is 31.61%. At the end of 2022 the company had an Operating Margin of 35.83%.
Operating Margin history for Topaz Energy from 2020 to 2023
Operating Margin at the end of each year
| Year | Operating Margin | Change |
|---|---|---|
| 2022 | 35.83% | 107.97% |
| 2021 | 17.23% | 636.46% |
| 2020 | 2.34% | -48.03% |
| 2019 | 4.50% |
What is a company's Operating Margin
The operating margin is a key indicator to assess the profitability of a company. Higher operating margins are generaly better as they show that a company is able to sell its products or services for much more than their production costs. The operating margin is calculated by dividing a company's earnings by its revenue.