Tourmaline Oil
TOU.TO
#1189
Rank
$15.41 B
Marketcap
$43.83
Share price
0.77%
Change (1 day)
-10.91%
Change (1 year)

Operating Margin for Tourmaline Oil (TOU.TO)

Operating Margin as of July 2024 (TTM): 48.51%

According to Tourmaline Oil 's latest financial reports and stock price the company's current Operating Margin is 48.51%. At the end of 2022 the company had an Operating Margin of 68.06%.

Operating Margin history for Tourmaline Oil from 2010 to 2023

Operating Margin at the end of each year

Year Operating Margin Change
202268.06%38.14%
202149.27%70.53%
202028.89%106.6%
201913.99%-46.69%
201826.23%-12.62%
201730.02%-1037.22%
2016-3.20%-121.24%
201515.08%-69.64%
201449.67%72.67%
201328.77%289.45%
20127.39%-62.37%
201119.63%97.1%
20109.96%-295.57%
2009-5.09%

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.