Turquoise Hill Resources
TRQ
Operating Margin for Turquoise Hill Resources (TRQ)
Operating Margin as of April 2024 (TTM): 30.16%
According to Turquoise Hill Resources 's latest financial reports and stock price the company's current Operating Margin is 30.16%. At the end of 2021 the company had an Operating Margin of 50.49%.
Operating Margin history for Turquoise Hill Resources from 2013 to 2022
Operating Margin at the end of each year
| Year | Operating Margin | Change |
|---|---|---|
| 2021 | 50.49% | 185.66% |
| 2020 | 17.67% | -165.4% |
| 2019 | -27.03% | -205.93% |
| 2018 | 25.51% | 127.44% |
| 2017 | 11.22% | 24.83% |
| 2016 | 8.99% | 2.48% |
| 2015 | 8.77% | 177.66% |
| 2014 | 3.16% | -101.73% |
| 2013 | -183.06% | -51.24% |
| 2012 | -375.43% | 9.75% |
| 2011 | -342.09% | 22.61% |
| 2010 | -279.01% | -59.46% |
| 2009 | -688.24% | -89.26% |
| 2008 | -6,409.88% | |
| 2004 | -216.65% | 131.39% |
| 2003 | -93.63% | 128.22% |
| 2002 | -41.03% | 771.07% |
| 2001 | -4.71% |
Operating Margin for similar companies or competitors
| Company | Operating Margin | Operating Margin differencediff. | Country |
|---|---|---|---|
 Rio Tinto RIO | 36.92% | 22.41% | 🇬🇧 UK |
 Eldorado Gold
EGO | 1.36% | -95.49% | 🇨🇦 Canada |
 Gold Fields
GFI | 28.84% | -4.38% | 🇿🇦 South Africa |
 Barrick Gold GOLD | 15.26% | -49.40% | 🇨🇦 Canada |
 AngloGold Ashanti
AU | 10.86% | -63.99% | 🇿🇦 South Africa |
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.