Elkem
ELK.OL
$1.81
Share price
2.63%
Change (1 day)
-46.45%
Change (1 year)
Categories
Operating Margin for Elkem (ELK.OL)
Operating Margin as of April 2024 (TTM): 23.77%
According to Elkem's latest financial reports and stock price the company's current Operating Margin is 23.77%. At the end of 2021 the company had an Operating Margin of 18.42%.
Operating Margin history for Elkem from 2017 to 2023
Operating Margin at the end of each year
| Year | Operating Margin | Change |
|---|---|---|
| 2021 | 18.42% | 416.35% |
| 2020 | 3.57% | -43.81% |
| 2019 | 6.35% | -61.08% |
| 2018 | 16.31% | 91.71% |
| 2017 | 8.51% | 15.53% |
| 2016 | 7.36% | -25.46% |
| 2015 | 9.88% | 120.71% |
| 2014 | 4.48% |
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.