Kvika banki
KVIKA.IC
#6322
Rank
C$0.77 B
Marketcap
$0.16
Share price
0.91%
Change (1 day)
1.59%
Change (1 year)

Operating Margin for Kvika banki (KVIKA.IC)

Operating Margin as of September 2024 (TTM): 18.88%

According to Kvika banki's latest financial reports and stock price the company's current Operating Margin is 18.88%. At the end of 2023 the company had an Operating Margin of 20.31%.

Operating Margin history for Kvika banki from 2018 to 2024

Operating Margin at the end of each year

Year Operating Margin Change
202320.31%-38.89%
202233.23%-29.94%
202147.43%75.9%
202026.97%-20.27%
201933.82%15.37%
201829.32%4.01%
201728.19%-0.45%
201628.32%405.05%
20155.61%

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.