Emirates Reem Investments Company
ERC.AE
#7627
Rank
โ‚ฌ0.19 B
Marketcap
0,62ย โ‚ฌ
Share price
2.02%
Change (1 day)
-40.94%
Change (1 year)

Operating Margin for Emirates Reem Investments Company (ERC.AE)

Operating Margin as of September 2024 (TTM): -17.66%

According to Emirates Reem Investments Company's latest financial reports and stock price the company's current Operating Margin is -17.66%. At the end of 2023 the company had an Operating Margin of -1.05%.

Operating Margin history for Emirates Reem Investments Company from 2013 to 2024

Operating Margin at the end of each year

Year Operating Margin Change
2023-1.05%-101.2%
202287.24%670.77%
202111.32%-142.68%
2020-26.52%12.23%
2019-23.63%45.1%
2018-16.29%247.4%
2017-4.69%-179.21%
20165.92%-4.96%
20156.23%650.71%
20140.83%-32.71%
20131.23%-58.64%
20122.98%-110.65%
2011-27.99%0.53%
2010-27.84%-494.59%
20097.06%313.98%
20081.70%

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.