Alliance Entertainment
AENT
#8307
Rank
โ‚ฌ0.12 B
Marketcap
2,45ย โ‚ฌ
Share price
-0.37%
Change (1 day)
111.26%
Change (1 year)
Categories

Operating Margin for Alliance Entertainment (AENT)

Operating Margin as of October 2024 (TTM): 1.28%

According to Alliance Entertainment's latest financial reports and stock price the company's current Operating Margin is 1.28%. At the end of 2023 the company had an Operating Margin of -2.83%.

Operating Margin history for Alliance Entertainment from 2022 to 2024

Operating Margin at the end of each year

Year Operating Margin Change
2023-2.83%-195.15%
20222.97%-17.94%
20213.62%203.13%
20201.19%

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.