Cargotec
CGCBV.HE
$77.45
Share price
13.60%
Change (1 day)
40.54%
Change (1 year)
Categories
Operating Margin for Cargotec (CGCBV.HE)
Operating Margin as of April 2024 (TTM): 5.92%
According to Cargotec 's latest financial reports and stock price the company's current Operating Margin is 5.92%. At the end of 2022 the company had an Operating Margin of 1.93%.
Operating Margin history for Cargotec from 2009 to 2023
Operating Margin at the end of each year
| Year | Operating Margin | Change |
|---|---|---|
| 2022 | 1.93% | -80.77% |
| 2021 | 10.05% | 850.48% |
| 2020 | 1.06% | -73.31% |
| 2019 | 3.96% | -18.78% |
| 2018 | 4.88% | -17.46% |
| 2017 | 5.91% | 22.77% |
| 2016 | 4.81% | -3.61% |
| 2015 | 4.99% | 70.72% |
| 2014 | 2.92% | 18.21% |
| 2013 | 2.47% | -32.64% |
| 2012 | 3.67% | -39.93% |
| 2011 | 6.11% | 55.26% |
| 2010 | 3.94% | -480.65% |
| 2009 | -1.03% | -116.93% |
| 2008 | 6.11% | 0.05% |
| 2007 | 6.11% | -31.64% |
| 2006 | 8.93% |
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.