Synsam
SYNSAM.ST
#6057
Rank
C$0.97 B
Marketcap
$6.60
Share price
1.62%
Change (1 day)
46.19%
Change (1 year)

Operating Margin for Synsam (SYNSAM.ST)

Operating Margin as of September 2024 (TTM): 7.91%

According to Synsam's latest financial reports and stock price the company's current Operating Margin is 7.91%. At the end of 2023 the company had an Operating Margin of 6.94%.

Operating Margin history for Synsam from 2021 to 2024

Operating Margin at the end of each year

Year Operating Margin Change
20236.94%-10.61%
20227.76%125.04%
20213.45%-197.85%
2020-3.52%3.03%
2019-3.42%-55.25%
2018-7.64%

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.