Tourmaline Oil
TOU.TO
Operating Margin for Tourmaline Oil (TOU.TO)
Operating Margin as of May 2024 (TTM): 48.51%
According to Tourmaline Oil 's latest financial reports and stock price the company's current Operating Margin is 48.51%. At the end of 2022 the company had an Operating Margin of 68.06%.
Operating Margin history for Tourmaline Oil from 2010 to 2023
Operating Margin at the end of each year
| Year | Operating Margin | Change |
|---|---|---|
| 2022 | 68.06% | 38.14% |
| 2021 | 49.27% | 70.53% |
| 2020 | 28.89% | 106.6% |
| 2019 | 13.99% | -46.69% |
| 2018 | 26.23% | -12.62% |
| 2017 | 30.02% | -1037.22% |
| 2016 | -3.20% | -121.24% |
| 2015 | 15.08% | -69.64% |
| 2014 | 49.67% | 72.67% |
| 2013 | 28.77% | 289.45% |
| 2012 | 7.39% | -62.37% |
| 2011 | 19.63% | 97.1% |
| 2010 | 9.96% | -295.57% |
| 2009 | -5.09% |
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.