Spring Airlines
601021.SS
#2113
Rank
C$10.76 B
Marketcap
$11.00
Share price
-3.03%
Change (1 day)
14.52%
Change (1 year)

Operating Margin for Spring Airlines (601021.SS)

Operating Margin as of December 2024 (TTM): 13.31%

According to Spring Airlines 's latest financial reports and stock price the company's current Operating Margin is 13.31%. At the end of 2022 the company had an Operating Margin of -40.61%.

Operating Margin history for Spring Airlines from 2014 to 2024

Operating Margin at the end of each year

Year Operating Margin Change
2022-40.61%-27614.15%
20210.15%-102.29%
2020-6.45%-139.71%
201916.24%6.37%
201815.27%1.44%
201715.05%-1.15%
201615.23%-31.69%
201522.29%34.33%
201416.59%10.34%
201315.04%0.51%
201214.96%2.42%
201114.61%

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.