Qatar Gas Transport Company
QGTS.QA
#2186
Rank
$6.94 B
Marketcap
$1.25
Share price
-1.23%
Change (1 day)
7.12%
Change (1 year)

Operating Margin for Qatar Gas Transport Company (QGTS.QA)

Operating Margin as of July 2024 (TTM): 41.08%

According to Qatar Gas Transport Company's latest financial reports and stock price the company's current Operating Margin is 41.08%. At the end of 2022 the company had an Operating Margin of 71.52%.

Operating Margin history for Qatar Gas Transport Company from 2010 to 2023

Operating Margin at the end of each year

Year Operating Margin Change
202271.52%6.86%
202166.93%3.31%
202064.79%-4.01%
201967.50%1.9%
201866.24%2.09%
201764.88%-5.42%
201668.61%-2.34%
201570.25%2.23%
201468.72%4.09%
201366.02%278.42%
201217.45%-71.36%
201160.92%-43.08%
2010107.02%-12.74%
2009122.64%-75.95%
2008509.96%414.56%
200799.11%0.22%
200698.89%

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.