Elme Communities
ELME
#5032
Rank
A$2.10 B
Marketcap
$23.96
Share price
0.74%
Change (1 day)
13.09%
Change (1 year)

Operating Margin for Elme Communities (ELME)

Operating Margin as of December 2024 (TTM): -23.24%

According to Elme Communities's latest financial reports and stock price the company's current Operating Margin is -23.24%. At the end of 2023 the company had an Operating Margin of -23.24%.

Operating Margin history for Elme Communities from 2001 to 2024

Operating Margin at the end of each year

Year Operating Margin Change
2023-23.24%57.67%
2022-14.74%-53.07%
2021-31.42%37.14%
2020-22.91%852%
2019-2.41%-708.83%
20180.40%-130.33%
2017-1.30%-103.44%
201637.88%29.96%
201529.15%1522.04%
20141.80%-2549.08%
2013-0.07%-102.41%
20123.05%-149.74%
2011-6.13%2447.87%
2010-0.24%-100.78%
200930.88%-1.56%
200831.37%-11.99%
200735.64%-9.24%
200639.27%-3.24%
200540.59%-57.81%
200496.19%-0.13%
200396.31%-36.55%
2002151.80%0.71%
2001150.73%

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.