According to Arion banki's latest financial reports and stock price the company's current Operating Margin is 51.07%. At the end of 2022 the company had an Operating Margin of 51.04%.
Year | Operating Margin | Change |
---|---|---|
2022 | 51.04% | -13.46% |
2021 | 58.97% | 49.76% |
2020 | 39.38% | 5.58% |
2019 | 37.29% | 32.54% |
2018 | 28.14% | -25.22% |
2017 | 37.62% | -28.87% |
2016 | 52.89% | -42.82% |
2015 | 92.50% | 76.66% |
2014 | 52.36% |
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.