ASA Gold and Precious Metals
ASA
$17.26
Share price
-0.46%
Change (1 day)
4.42%
Change (1 year)
Categories
Operating Margin for ASA Gold and Precious Metals (ASA)
Operating Margin at the end of 2021: 94.83%
According to ASA Gold and Precious Metals's latest financial reports and stock price the company's current Operating Margin is 94.83%. At the end of 2021 the company had an Operating Margin of 94.83%.
Operating Margin history for ASA Gold and Precious Metals from 2016 to 2021
Operating Margin at the end of each year
| Year | Operating Margin | Change |
|---|---|---|
| 2021 | 94.83% | -4.52% |
| 2020 | 99.32% | 1.78% |
| 2019 | 97.58% | -191.52% |
| 2018 | -106.63% | -394.46% |
| 2017 | 36.21% | -62.39% |
| 2016 | 96.29% |
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.