Telesat
TSAT
$7.91
Share price
3.40%
Change (1 day)
-3.77%
Change (1 year)
Categories
Operating Margin for Telesat (TSAT)
Operating Margin as of May 2024 (TTM): 26.58%
According to Telesat's latest financial reports and stock price the company's current Operating Margin is 26.58%. At the end of 2021 the company had an Operating Margin of 31.14%.
Operating Margin history for Telesat from 2021 to 2022
Operating Margin at the end of each year
| Year | Operating Margin | Change |
|---|---|---|
| 2021 | 31.14% | 5.93% |
| 2020 | 29.40% | 32.37% |
| 2019 | 22.21% |
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.