Nine Entertainment Co. Holdings
NEC.AX
#5011
Rank
A$1.96 B
Marketcap
$1.24
Share price
-0.24%
Change (1 day)
-39.05%
Change (1 year)

Operating Margin for Nine Entertainment Co. Holdings (NEC.AX)

Operating Margin at the end of 2023: 11.49%

According to Nine Entertainment Co. Holdings's latest financial reports and stock price the company's current Operating Margin is 11.49%. At the end of 2023 the company had an Operating Margin of 11.49%.

Operating Margin history for Nine Entertainment Co. Holdings from 2014 to 2023

Operating Margin at the end of each year

Year Operating Margin Change
202311.49%-33.05%
202217.16%36.45%
202112.58%-158.68%
2020-21.44%-232.19%
201916.22%-25.29%
201821.70%-250.38%
2017-14.43%-372.1%
20165.30%-111.06%
2015-47.98%-546.79%
201410.74%

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.