Argeo AS
ARGEO.OL
#9033
Rank
A$61.71 M
Marketcap
$1.39
Share price
-0.80%
Change (1 day)
-15.47%
Change (1 year)

Operating Margin for Argeo AS (ARGEO.OL)

Operating Margin as of September 2024 (TTM): -73.81%

According to Argeo AS's latest financial reports and stock price the company's current Operating Margin is -73.81%. At the end of 2022 the company had an Operating Margin of -224.86%.

Operating Margin history for Argeo AS from 2021 to 2023

Operating Margin at the end of each year

Year Operating Margin Change
2022-224.86%21.62%
2021-184.89%-976.2%
202021.10%-53.73%
201945.61%

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.