Baytex Energy
BTE
#3555
Rank
$3.03 B
Marketcap
$3.75
Share price
1.08%
Change (1 day)
N/A
Change (1 year)

Operating Margin for Baytex Energy (BTE)

Operating Margin as of July 2024 (TTM): 34.41%

According to Baytex Energy 's latest financial reports and stock price the company's current Operating Margin is 34.41%. At the end of 2022 the company had an Operating Margin of 30.84%.

Operating Margin history for Baytex Energy from 2001 to 2023

Operating Margin at the end of each year

Year Operating Margin Change
202230.84%-66.01%
202190.72%-134.05%
2020-266.47%5997.54%
2019-4.37%-85.38%
2018-29.89%371.09%
2017-6.34%-93.47%
2016-97.14%-25.73%
2015-130.79%-126425.94%
20140.10%-99.47%
201319.51%-46.86%
201236.72%78.29%
201120.60%35.69%
201015.18%51.85%
200910.00%-59.86%
200824.90%63.39%
200715.24%-28.64%
200621.36%43.25%
200514.91%-445.79%
2004-4.31%-144.34%
20039.72%-61.67%
200225.37%-137.68%
2001-67.32%

Operating Margin for similar companies or competitors

Company Operating Margin Operating Margin differencediff. Country
52.35% 52.14%๐Ÿ‡จ๐Ÿ‡ฆ Canada
25.16%-26.89%๐Ÿ‡บ๐Ÿ‡ธ USA
36.26% 5.38%๐Ÿ‡บ๐Ÿ‡ธ USA
50.92% 47.98%๐Ÿ‡บ๐Ÿ‡ธ 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.