Basic-Fit
BFIT.AS
#4584
Rank
$1.50 B
Marketcap
$22.74
Share price
-1.22%
Change (1 day)
-46.14%
Change (1 year)

Operating Margin for Basic-Fit (BFIT.AS)

Operating Margin as of May 2024 (TTM): -0.39%

According to Basic-Fit's latest financial reports and stock price the company's current Operating Margin is -0.39%. At the end of 2022 the company had an Operating Margin of -0.40%.

Operating Margin history for Basic-Fit from 2016 to 2016

Operating Margin at the end of each year

Year Operating Margin Change
2022-0.40%-99.33%
2021-59.09%35.68%
2020-43.55%-1464.69%
20193.19%-42.77%
20185.58%38.11%
20174.04%-132.93%
2016-12.26%-15.4%
2015-14.50%-13.29%
2014-16.72%

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.