Erdemir
EREGL.IS
#2792
Rank
$4.50 B
Marketcap
$1.33
Share price
-1.87%
Change (1 day)
-21.76%
Change (1 year)

Operating Margin for Erdemir (EREGL.IS)

Operating Margin as of May 2024 (TTM): 3.69%

According to Erdemir's latest financial reports and stock price the company's current Operating Margin is 3.69%. At the end of 2022 the company had an Operating Margin of 18.88%.

Operating Margin history for Erdemir from 2009 to 2023

Operating Margin at the end of each year

Year Operating Margin Change
202218.88%-47.19%
202135.74%86.95%
202019.12%-5.51%
201920.23%-38.45%
201832.88%19.95%
201727.41%31.83%
201620.79%55.66%
201513.36%-29.65%
201418.99%24.73%
201315.22%62.5%
20129.37%-62.92%
201125.26%49.44%
201016.91%4244.87%
20090.39%-97.94%
200818.89%1.02%
200718.69%5.98%
200617.64%143.32%
20057.25%

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.