Emaar Development
EMAARDEV.AE
#1632
Rank
$10.56 B
Marketcap
$2.64
Share price
-0.31%
Change (1 day)
50.06%
Change (1 year)

Operating Margin for Emaar Development (EMAARDEV.AE)

Operating Margin as of November 2024 (TTM): 67.06%

According to Emaar Development's latest financial reports and stock price the company's current Operating Margin is 67.06%. At the end of 2023 the company had an Operating Margin of 71.17%.

Operating Margin history for Emaar Development from 2017 to 2024

Operating Margin at the end of each year

Year Operating Margin Change
202371.17%92.57%
202236.96%36.23%
202127.13%28.79%
202021.06%-23.99%
201927.71%-24.1%
201836.51%-2.4%
201737.41%5.25%
201635.54%-4.84%
201537.35%-27.19%
201451.30%

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.