EROAD Limited
ERD.NZ
#8989
Rank
โ‚ฌ97.88 M
Marketcap
0,52ย โ‚ฌ
Share price
1.02%
Change (1 day)
19.25%
Change (1 year)

Operating Margin for EROAD Limited (ERD.NZ)

Operating Margin at the end of 2024: 0.46%

According to EROAD Limited's latest financial reports and stock price the company's current Operating Margin is 0.45%. At the end of 2024 the company had an Operating Margin of 0.46%.

Operating Margin history for EROAD Limited from 2015 to 2024

Operating Margin at the end of each year

Year Operating Margin Change
20240.46%-57.97%
20231.09%-115.67%
2022-6.94%-237.22%
20215.06%
2019-3.99%-70.96%
2018-13.73%-8.56%
2017-15.02%268.68%
2016-4.07%-15%
2015-4.79%

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.