TotalEnergies
TTE
Operating Margin for TotalEnergies (TTE)
Operating Margin as of April 2024 (TTM): 16.43%
According to TotalEnergies's latest financial reports and stock price the company's current Operating Margin is 16.43%. At the end of 2022 the company had an Operating Margin of 16.44%.
Operating Margin history for TotalEnergies from 2001 to 2023
Operating Margin at the end of each year
| Year | Operating Margin | Change |
|---|---|---|
| 2022 | 16.44% | 16.95% |
| 2021 | 14.06% | -339.76% |
| 2020 | -5.86% | -159.69% |
| 2019 | 9.82% | 0.09% |
| 2018 | 9.81% | 29.16% |
| 2017 | 7.60% | 35.44% |
| 2016 | 5.61% | 24.95% |
| 2015 | 4.49% | -26% |
| 2014 | 6.07% | -47.32% |
| 2013 | 11.52% | -12.17% |
| 2012 | 13.11% | -18.05% |
| 2011 | 16.00% | 6.88% |
| 2010 | 14.97% | 2.53% |
| 2009 | 14.61% | -6.7% |
| 2008 | 15.65% | -19.95% |
| 2007 | 19.56% | 1.78% |
| 2006 | 19.21% | 14.14% |
| 2005 | 16.83% | 15.2% |
| 2004 | 14.61% | 23.53% |
| 2003 | 11.83% | 10.51% |
| 2002 | 10.70% | -16.7% |
| 2001 | 12.85% |
Operating Margin for similar companies or competitors
| Company | Operating Margin | Operating Margin differencediff. | Country |
|---|---|---|---|
 Shell SHEL | 13.26% | -19.29% | 🇬🇧 UK |
 BP BP | 6.38% | -61.17% | 🇬🇧 UK |
 Chevron CVX | 19.83% | 20.69% | 🇺🇸 USA |
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.