Coles Group
COL.AX
$10.66
Share price
0.12%
Change (1 day)
-13.19%
Change (1 year)
Categories
Coles Group Limited is an Australian company operating several retail chainss including the supermarket chain Coles, Coles Liquor and Coles Express.
Operating Margin for Coles Group (COL.AX)
Operating Margin at the end of 2022: 3.83%
According to Coles Group 's latest financial reports and stock price the company's current Operating Margin is 3.82%. At the end of 2022 the company had an Operating Margin of 3.83%.
Operating Margin history for Coles Group from 2019 to 2022
Operating Margin at the end of each year
| Year | Operating Margin | Change |
|---|---|---|
| 2022 | 3.83% | -0.53% |
| 2021 | 3.85% | 5.55% |
| 2020 | 3.64% | -5.16% |
| 2019 | 3.84% |
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.