CSN Mineração
CMIN3.SA
Operating Margin for CSN Mineração (CMIN3.SA)
Operating Margin as of May 2024 (TTM): 19.63%
According to CSN Mineração's latest financial reports and stock price the company's current Operating Margin is 19.63%. At the end of 2022 the company had an Operating Margin of 29.99%.
Operating Margin history for CSN Mineração from 2019 to 2023
Operating Margin at the end of each year
| Year | Operating Margin | Change |
|---|---|---|
| 2022 | 29.99% | -37.97% |
| 2021 | 48.34% | 15.14% |
| 2020 | 41.99% | -7.41% |
| 2019 | 45.35% | 108.48% |
| 2018 | 21.75% | -7.64% |
| 2017 | 23.55% |
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.