Universal Music Group
UMG.AS
#454
Rank
C$62.80 B
Marketcap
$34.34
Share price
-1.87%
Change (1 day)
-3.33%
Change (1 year)
Categories

Operating Margin for Universal Music Group (UMG.AS)

Operating Margin at the end of 2022: 8.70%

According to Universal Music Group's latest financial reports and stock price the company's current Operating Margin is 8.70%. At the end of 2022 the company had an Operating Margin of 8.70%.

Operating Margin history for Universal Music Group from 2018 to 2022

Operating Margin at the end of each year

Year Operating Margin Change
20228.70%-36.46%
202113.70%-42.83%
202023.96%46.63%
201916.34%-14.63%
201819.14%

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.