Vietnam Airlines
HVN.VN
#4338
Rank
C$2.67 B
Marketcap
$1.20
Share price
-0.46%
Change (1 day)
71.91%
Change (1 year)

Operating Margin for Vietnam Airlines (HVN.VN)

Operating Margin as of September 2024 (TTM): 3.09%

According to Vietnam Airlines's latest financial reports and stock price the company's current Operating Margin is 3.09%. At the end of 2023 the company had an Operating Margin of -5.86%.

Operating Margin history for Vietnam Airlines from 2018 to 2024

Operating Margin at the end of each year

Year Operating Margin Change
2023-5.86%-62.32%
2022-15.55%-66.54%
2021-46.45%71.81%
2020-27.04%-883.67%
20193.45%0.85%
20183.42%-10.05%
20173.80%2.5%
20163.71%

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.