Trican Well Service
TCW.TO
#6153
Rank
โ‚ฌ0.65 B
Marketcap
3,41ย โ‚ฌ
Share price
3.31%
Change (1 day)
21.59%
Change (1 year)

Operating Margin for Trican Well Service (TCW.TO)

Operating Margin as of November 2024 (TTM): 15.59%

According to Trican Well Service's latest financial reports and stock price the company's current Operating Margin is 15.59%. At the end of 2023 the company had an Operating Margin of 16.34%.

Operating Margin history for Trican Well Service from 2001 to 2024

Operating Margin at the end of each year

Year Operating Margin Change
202316.34%31.24%
202212.45%484.8%
20212.13%-103.26%
2020-65.27%315.88%
2019-15.69%-46.72%
2018-29.46%-598.6%
20175.91%-118.48%
2016-31.97%147.51%
2015-12.92%2507.68%
2014-0.50%-86.03%
2013-3.55%-234.92%
20122.63%-87.31%
201120.70%46.27%
201014.15%-484.69%
2009-3.68%-67.66%
2008-11.38%-165.33%
200717.42%-41.67%
200629.85%-4.74%
200531.34%28.29%
200424.43%27.17%
200319.21%72.89%
200211.11%-40.82%
200118.78%

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.