Ero Copper
ERO
Operating Margin for Ero Copper (ERO)
Operating Margin as of May 2024 (TTM): 29.43%
According to Ero Copper's latest financial reports and stock price the company's current Operating Margin is 29.43%. At the end of 2022 the company had an Operating Margin of 29.64%.
Operating Margin history for Ero Copper from 2017 to 2023
Operating Margin at the end of each year
| Year | Operating Margin | Change |
|---|---|---|
| 2022 | 29.64% | -38.71% |
| 2021 | 48.36% | 155.15% |
| 2020 | 18.95% | -27.85% |
| 2019 | 26.27% | 2201.29% |
| 2018 | 1.14% | -32.28% |
| 2017 | 1.69% |
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.