Tricon Residential
TCN
$11.23
Share price
0.09%
Change (1 day)
46.61%
Change (1 year)
Categories
Operating Margin for Tricon Residential (TCN)
Operating Margin as of April 2024 (TTM): 41.42%
According to Tricon Residential's latest financial reports and stock price the company's current Operating Margin is 41.42%. At the end of 2022 the company had an Operating Margin of 116.00%.
Operating Margin history for Tricon Residential from 2009 to 2023
Operating Margin at the end of each year
| Year | Operating Margin | Change |
|---|---|---|
| 2022 | 116.00% | -19.33% |
| 2021 | 143.80% | 382.16% |
| 2020 | 29.83% | -90.78% |
| 2019 | 323.38% | -54.56% |
| 2018 | 711.72% | 118.71% |
| 2017 | 325.42% | 20.81% |
| 2016 | 269.37% | 0.31% |
| 2015 | 268.53% | -41.4% |
| 2014 | 458.24% | 83.49% |
| 2013 | 249.73% | -1802.99% |
| 2012 | -14.66% | -263.4% |
| 2011 | 8.97% | -112.33% |
| 2010 | -72.78% | 492.86% |
| 2009 | -12.28% |
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.