Becle
CUERVO.MX
#1848
Rank
$8.48 B
Marketcap
$2.36
Share price
-0.88%
Change (1 day)
-7.81%
Change (1 year)

Operating Margin for Becle (CUERVO.MX)

Operating Margin as of March 2024 (TTM): 17.74%

According to Becle's latest financial reports and stock price the company's current Operating Margin is 17.74%. At the end of 2022 the company had an Operating Margin of 18.00%.

Operating Margin history for Becle from 2016 to 2023

Operating Margin at the end of each year

Year Operating Margin Change
202218.00%2.72%
202117.52%-10.43%
202019.56%12.9%
201917.33%-5.19%
201818.28%-20.33%
201722.94%19.38%
201619.22%-53.4%
201541.24%66.55%
201424.76%19.36%
201320.74%

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.