According to Fortinova Fastigheter AB's latest financial reports and stock price the company's current Operating Margin is -16.17%. At the end of 2023 the company had an Operating Margin of -91.33%.
Year | Operating Margin | Change |
---|---|---|
2023 | -91.33% | |
2021 | 192.54% | 152.62% |
2020 | 76.22% | -3.73% |
2019 | 79.17% |
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.