Reitir fasteignafélag
REITIR.IC
#6631
Rank
C$0.63 B
Marketcap
$0.88
Share price
-0.56%
Change (1 day)
11.41%
Change (1 year)

Operating Margin for Reitir fasteignafélag (REITIR.IC)

Operating Margin as of September 2024 (TTM): 85.10%

According to Reitir fasteignafélag's latest financial reports and stock price the company's current Operating Margin is 85.10%. At the end of 2023 the company had an Operating Margin of 66.53%.

Operating Margin history for Reitir fasteignafélag from 2014 to 2024

Operating Margin at the end of each year

Year Operating Margin Change
202366.53%2971.33%
20222.17%-97.36%
202182.19%211.51%
202026.38%-30.33%
201937.87%-431.39%
2018-11.43%-117.38%
201765.75%105.88%
201631.94%-69.78%
2015105.68%161.21%
201440.46%-65.9%
2013118.66%-225.05%
2012-94.89%

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.