Arion banki
ARION.IC
#4620
Rank
$1.45 B
Marketcap
$1.01
Share price
-1.05%
Change (1 day)
-1.94%
Change (1 year)

Operating Margin for Arion banki (ARION.IC)

Operating Margin as of May 2024 (TTM): 51.07%

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%.

Operating Margin history for Arion banki from 2018 to 2023

Operating Margin at the end of each year

Year Operating Margin Change
202251.04%-13.46%
202158.97%49.76%
202039.38%5.58%
201937.29%32.54%
201828.14%-25.22%
201737.62%-28.87%
201652.89%-42.82%
201592.50%76.66%
201452.36%

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.