DroneShield
DRO.AX
#7349
Rank
C$0.49 B
Marketcap
$0.56
Share price
0.81%
Change (1 day)
84.11%
Change (1 year)

Operating Margin for DroneShield (DRO.AX)

Operating Margin at the end of 2023: 5.85%

According to DroneShield's latest financial reports and stock price the company's current Operating Margin is 5.85%. At the end of 2023 the company had an Operating Margin of 5.85%.

Operating Margin history for DroneShield from 2016 to 2023

Operating Margin at the end of each year

Year Operating Margin Change
20235.85%-133.59%
2022-17.43%-71.49%
2021-61.13%-54.49%
2020-134.32%-45.99%
2019-248.68%-64.77%
2018-705.94%-61.59%
2017-1,838.04%-68.6%
2016-5,853.00%

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.