Meitetsu
9048.T
#3919
Rank
A$3.58 B
Marketcap
$18.08
Share price
-0.98%
Change (1 day)
-29.39%
Change (1 year)

Operating Margin for Meitetsu (9048.T)

Operating Margin as of September 2024 (TTM): 6.25%

According to Meitetsu 's latest financial reports and stock price the company's current Operating Margin is 6.25%. At the end of 2023 the company had an Operating Margin of 5.19%.

Operating Margin history for Meitetsu from 2009 to 2024

Operating Margin at the end of each year

Year Operating Margin Change
20235.19%58.62%
20223.27%-169.99%
2021-4.68%-161.54%
20207.60%2.58%
20197.41%-1.35%
20187.51%21.88%
20176.16%-4.52%
20166.45%32.04%
20154.89%18.39%
20144.13%25.49%
20133.29%17.95%
20122.79%-5.28%
20112.94%46.64%
20102.01%-49.58%
20093.98%-0.66%
20084.01%12.66%
20073.56%2.41%
20063.48%17293.49%
20050.02%

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.