Gentian Diagnostics ASA
GENT.OL
#8800
Rank
A$98.72 M
Marketcap
$6.40
Share price
-4.18%
Change (1 day)
2.40%
Change (1 year)

Operating Margin for Gentian Diagnostics ASA (GENT.OL)

Operating Margin as of September 2024 (TTM): -0.86%

According to Gentian Diagnostics ASA's latest financial reports and stock price the company's current Operating Margin is -0.86%. At the end of 2023 the company had an Operating Margin of -7.61%.

Operating Margin history for Gentian Diagnostics ASA from 2016 to 2024

Operating Margin at the end of each year

Year Operating Margin Change
2023-7.61%-67.25%
2022-23.24%-22.1%
2021-29.83%9.25%
2020-27.30%-67.1%
2019-82.99%93.89%
2018-42.80%-20.99%
2017-54.17%87.5%
2016-28.89%129.44%
2015-12.59%6.31%
2014-11.85%-410.28%
20133.82%

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.