Turquoise Hill Resources
TRQ
#2345
Rank
C$8.92 B
Marketcap
$43.92
Share price
0.00%
Change (1 day)
20.74%
Change (1 year)

Operating Margin for Turquoise Hill Resources (TRQ)

Operating Margin as of November 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
202150.49%185.66%
202017.67%-165.4%
2019-27.03%-205.93%
201825.51%127.44%
201711.22%24.83%
20168.99%2.48%
20158.77%177.66%
20143.16%-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
1.36%-95.49%๐Ÿ‡จ๐Ÿ‡ฆ Canada
10.86%-63.99%๐Ÿ‡ฟ๐Ÿ‡ฆ South Africa
28.84%-4.38%๐Ÿ‡ฟ๐Ÿ‡ฆ South Africa
24.69%-18.14%๐Ÿ‡จ๐Ÿ‡ฆ Canada
29.12%-3.45%๐Ÿ‡ฌ๐Ÿ‡ง UK

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.