ERG
ERG.MI
#2994
Rank
$4.05 B
Marketcap
$27.76
Share price
0.55%
Change (1 day)
-3.91%
Change (1 year)

Operating Margin for ERG (ERG.MI)

Operating Margin as of May 2024 (TTM): 32.33%

According to ERG's latest financial reports and stock price the company's current Operating Margin is 32.33%. At the end of 2022 the company had an Operating Margin of 26.13%.

Operating Margin history for ERG from 2010 to 2023

Operating Margin at the end of each year

Year Operating Margin Change
202226.13%141.8%
202110.81%58.77%
20206.81%32.95%
20195.12%-63.61%
201814.07%5.72%
201713.31%-11.13%
201614.97%275.33%
20153.99%-9809.51%
2014-0.04%-101.19%
20133.45%6.05%
20123.25%238.89%
20110.96%-236.48%
2010-0.70%-148.85%
20091.44%-74.33%
20085.61%93.65%
20072.89%10.81%
20062.61%-66.71%
20057.85%104.5%
20043.84%139.1%
20031.60%187.55%
20020.56%-79.78%
20012.76%

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.