Allego
ALLG
#6496
Rank
โ‚ฌ0.44 B
Marketcap
1,64ย โ‚ฌ
Share price
-10.78%
Change (1 day)
-35.25%
Change (1 year)

Operating Margin for Allego (ALLG)

Operating Margin as of September 2024 (TTM): -75.00%

According to Allego's latest financial reports and stock price the company's current Operating Margin is -75.00%. At the end of 2020 the company had an Operating Margin of -74.30%.

Operating Margin history for Allego from 2022 to 2023

Operating Margin at the end of each year

Year Operating Margin Change
2020-74.30%-47.99%
2019-142.86%

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.