AltaGas
ALA.TO
#2121
Rank
โ‚ฌ7.04 B
Marketcap
23,66ย โ‚ฌ
Share price
0.50%
Change (1 day)
27.16%
Change (1 year)

Operating Margin for AltaGas (ALA.TO)

Operating Margin as of November 2024 (TTM): 5.41%

According to AltaGas 's latest financial reports and stock price the company's current Operating Margin is 5.41%. At the end of 2023 the company had an Operating Margin of 7.02%.

Operating Margin history for AltaGas from 2001 to 2024

Operating Margin at the end of each year

Year Operating Margin Change
20237.02%38.06%
20225.08%20.49%
20214.22%-66.28%
202012.51%-15.33%
201914.78%-187.74%
2018-16.84%-748.35%
20172.60%-76.78%
201611.19%126.13%
20154.95%-24.44%
20146.55%-45.91%
201312.10%3.89%
201211.65%31.92%
20118.83%16.1%
20107.61%-32.29%
200911.23%26.01%
20088.92%11%
20078.03%-3.48%
20068.32%40.43%
20055.93%-27.24%
20048.14%-5.87%
20038.65%0.32%
20028.62%53.33%
20015.62%

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.