Nornickel
GMKN.ME
#1052
Rank
C$24.28 B
Marketcap
$1.52
Share price
-1.71%
Change (1 day)
N/A
Change (1 year)

Operating Margin for Nornickel (GMKN.ME)

Operating Margin at the end of 2023: 24.53%

According to Nornickel's latest financial reports and stock price the company's current Operating Margin is 24.52%. At the end of 2023 the company had an Operating Margin of 24.53%.

Operating Margin history for Nornickel from 2001 to 2023

Operating Margin at the end of each year

Year Operating Margin Change
202324.53%-43.91%
202243.72%-15.93%
202152.01%73.28%
202030.02%-45.89%
201955.47%65.91%
201833.44%7.53%
201731.10%-21.61%
201639.67%50.99%
201526.27%17.22%
201422.41%93.77%
201311.57%-54.49%
201225.42%-36.43%
201139.98%-24.69%
201053.09%37.17%
200938.70%-2081.93%
2008-1.95%-104.32%
200745.18%-20.51%
200656.84%30.77%
200543.46%14.27%
200438.04%47.71%
200325.75%-7.68%
200227.89%-30.16%
200139.94%

Operating Margin for similar companies or competitors

Company Operating Margin Operating Margin differencediff. Country
27.98% 14.11%๐Ÿ‡บ๐Ÿ‡ธ USA
43.75% 78.43%๐Ÿ‡ฆ๐Ÿ‡บ Australia
45.12% 84.01%๐Ÿ‡ง๐Ÿ‡ท Brazil

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.