SCHMID Group
SHMD
#8520
Rank
C$0.20 B
Marketcap
$4.77
Share price
3.43%
Change (1 day)
N/A
Change (1 year)

Operating Margin for SCHMID Group (SHMD)

Operating Margin at the end of 2023: 45.13%

According to SCHMID Group's latest financial reports and stock price the company's current Operating Margin is 45.13%. At the end of 2023 the company had an Operating Margin of 45.13%.

Operating Margin history for SCHMID Group from 2021 to 2023

Operating Margin at the end of each year

Year Operating Margin Change
202345.13%2473.72%
20221.75%-103.14%
2021-55.93%

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.