Deterra Royalties
DRR.AX
#5039
Rank
A$1.95 B
Marketcap
$3.69
Share price
-1.34%
Change (1 day)
-24.57%
Change (1 year)

Operating Margin for Deterra Royalties (DRR.AX)

Operating Margin at the end of 2023: 96.05%

According to Deterra Royalties's latest financial reports and stock price the company's current Operating Margin is 96.04%. At the end of 2023 the company had an Operating Margin of 96.05%.

Operating Margin history for Deterra Royalties from 2021 to 2023

Operating Margin at the end of each year

Year Operating Margin Change
202396.05%-0.75%
202296.78%-0.97%
202197.72%

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.