Shimmick
SHIM
#8759
Rank
A$0.12 B
Marketcap
$3.75
Share price
-0.40%
Change (1 day)
N/A
Change (1 year)

Operating Margin for Shimmick (SHIM)

Operating Margin as of September 2024 (TTM): -18.24%

According to Shimmick's latest financial reports and stock price the company's current Operating Margin is -18.24%. At the end of 2022 the company had an Operating Margin of 0.63%.

Operating Margin history for Shimmick from 2023 to 2024

Operating Margin at the end of each year

Year Operating Margin Change
20220.63%-83.4%
20213.79%

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.