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MEG Energy Corp
TSX:MEG

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MEG Energy Corp Logo
MEG Energy Corp
TSX:MEG
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Price: 31 CAD -1.77% Market Closed
Updated: May 11, 2024

Gross Margin
MEG Energy Corp

34.7%
Current
37%
Average
35.9%
Industry

Gross Margin is the amount of money a company retains after incurring the direct costs associated with producing the goods it sells and the services it provides. The higher the gross margin, the more capital a company retains, which it can then use to pay other costs or satisfy debt obligations.

Gross Margin
34.7%
=
Gross Profit
2B
/
Revenue
5.7B

Gross Margin Across Competitors

Country CA
Market Cap 8.5B CAD
Gross Margin
35%
Country AU
Market Cap 6.5T USD
Gross Margin
70%
Country US
Market Cap 142.6B USD
Gross Margin
47%
Country CN
Market Cap 975.1B HKD
Gross Margin
47%
Country CA
Market Cap 111.9B CAD
Gross Margin
50%
Country US
Market Cap 74.8B USD
Gross Margin
63%
Country US
Market Cap 63B USD
Gross Margin
51%
Country US
Market Cap 49.4B USD
Gross Margin
74%
Country AU
Market Cap 54.4B AUD
Gross Margin
46%
Country US
Market Cap 36.1B USD
Gross Margin
78%
Country US
Market Cap 31.7B USD
Gross Margin
51%

Profitability Report

View the profitability report to see the full profitability analysis for MEG Energy Corp.

See Also

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What is Gross Margin?

Gross Margin is the amount of money a company retains after incurring the direct costs associated with producing the goods it sells and the services it provides. The higher the gross margin, the more capital a company retains, which it can then use to pay other costs or satisfy debt obligations.

Gross Margin
34.7%
=
Gross Profit
2B
/
Revenue
5.7B
What is the Gross Margin of MEG Energy Corp?

Based on MEG Energy Corp's most recent financial statements, the company has Gross Margin of 34.7%.