Skycity Entertainment Group
SKC.NZ
#6298
Rank
A$0.98 B
Marketcap
$1.29
Share price
2.86%
Change (1 day)
-18.76%
Change (1 year)

Operating Margin for Skycity Entertainment Group (SKC.NZ)

Operating Margin at the end of 2023: 6.05%

According to Skycity Entertainment Group's latest financial reports and stock price the company's current Operating Margin is 6.04%. At the end of 2023 the company had an Operating Margin of 6.05%.

Operating Margin history for Skycity Entertainment Group from 2019 to 2023

Operating Margin at the end of each year

Year Operating Margin Change
20236.05%-202.12%
2022-5.92%-121.82%
202127.13%-25.34%
202036.33%40.41%
201925.87%

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.