Operating Margin for IGO Limited (IGO.AX)

Operating Margin at the end of 2023: 68.65%

According to IGO Limited's latest financial reports and stock price the company's current Operating Margin is 68.65%. At the end of 2023 the company had an Operating Margin of 68.65%.

Operating Margin history for IGO Limited from 2002 to 2023

Operating Margin at the end of each year

Year	Operating Margin	Change
2023	68.65%	23.83%
2022	55.44%	88.84%
2021	29.36%	14.54%
2020	25.63%	82.46%
2019	14.05%	19.83%
2018	11.72%	85.84%
2017	6.31%	-143.9%
2016	-14.37%	-163.58%
2015	22.60%	23.16%
2014	18.35%	40%
2013	13.11%	-107.38%
2012	-177.52%	-1069.12%
2011	18.32%	-49.52%
2010	36.28%	35.93%
2009	26.69%	-50.52%
2008	53.95%	-20.52%
2007	67.87%	50.34%
2006	45.15%	21.5%
2005	37.16%	-4.99%
2004	39.11%	296.01%
2003	9.88%	-100.02%
2002	-50,288.29%

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.

What is the market capitalization of a company?

The market capitalization sometimes referred as Marketcap, is the value of a publicly listed company.
In most cases it can be easily calculated by multiplying the share price with the amount of outstanding shares.

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