ENKA
ENKAI.IS
$1.21
Share price
0.51%
Change (1 day)
-14.18%
Change (1 year)
Categories
Operating Margin for ENKA (ENKAI.IS)
Operating Margin as of April 2024 (TTM): 35.36%
According to ENKA's latest financial reports and stock price the company's current Operating Margin is 35.36%. At the end of 2022 the company had an Operating Margin of 6.12%.
Operating Margin history for ENKA from 2020 to 2023
Operating Margin at the end of each year
| Year | Operating Margin | Change |
|---|---|---|
| 2022 | 6.12% | -77.37% |
| 2021 | 27.02% | -40.78% |
| 2020 | 45.62% | 8.83% |
| 2019 | 41.92% |
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.