According to Techstep ASA's latest financial reports and stock price the company's current Operating Margin is -5.97%. At the end of 2023 the company had an Operating Margin of -5.47%.
Year | Operating Margin | Change |
---|---|---|
2023 | -5.47% | 8.49% |
2022 | -5.04% | -44.63% |
2021 | -9.10% | 517.77% |
2020 | -1.47% | -73.27% |
2019 | -5.51% | -408.5% |
2018 | 1.79% | -127.37% |
2017 | -6.53% | -26.11% |
2016 | -8.83% | 469.37% |
2015 | -1.55% | -94.76% |
2014 | -29.61% | 51.82% |
2013 | -19.51% | -80.31% |
2012 | -99.09% | -18.53% |
2011 | -121.63% | 62.2% |
2010 | -74.99% | 43.05% |
2009 | -52.42% | -78.11% |
2008 | -239.49% | |
2006 | -75.58% | -33.51% |
2005 | -113.68% | 4.69% |
2004 | -108.58% |
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.