NZME Limited
NZM.NZ
#8458
Rank
C$0.16 B
Marketcap
$0.87
Share price
2.97%
Change (1 day)
16.76%
Change (1 year)

Operating Margin for NZME Limited (NZM.NZ)

Operating Margin at the end of 2023: 5.22%

According to NZME Limited's latest financial reports and stock price the company's current Operating Margin is 5.21%. At the end of 2023 the company had an Operating Margin of 5.22%.

Operating Margin history for NZME Limited from 2016 to 2023

Operating Margin at the end of each year

Year Operating Margin Change
20235.22%-40.64%
20228.79%-29.66%
202112.50%108.19%
20206.00%-113.58%
2019-44.20%-1109.87%
20184.38%-44.06%
20177.82%128.45%
20163.42%

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.