Converge Technology Solutions
CTS.TO
#6992
Rank
$0.43 B
Marketcap
$2.26
Share price
2.84%
Change (1 day)
-25.30%
Change (1 year)

Operating Margin for Converge Technology Solutions (CTS.TO)

Operating Margin as of December 2024 (TTM): -0.68%

According to Converge Technology Solutions's latest financial reports and stock price the company's current Operating Margin is -0.68%. At the end of 2023 the company had an Operating Margin of -0.69%.

Operating Margin history for Converge Technology Solutions from 2018 to 2024

Operating Margin at the end of each year

Year Operating Margin Change
2023-0.69%-179.08%
20220.87%-51.87%
20211.80%-783.97%
2020-0.26%-85.79%
2019-1.85%-45.36%
2018-3.39%-55.53%
2017-7.63%

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.