Metro Mining
MMI.AX
#7783
Rank
โ‚ฌ0.23 B
Marketcap
0,03887ย โ‚ฌ
Share price
6.78%
Change (1 day)
N/A
Change (1 year)

Operating Margin for Metro Mining (MMI.AX)

Operating Margin at the end of 2023: -0.29%

According to Metro Mining's latest financial reports and stock price the company's current Operating Margin is -0.29%. At the end of 2023 the company had an Operating Margin of -0.29%.

Operating Margin history for Metro Mining from 2018 to 2023

Operating Margin at the end of each year

Year Operating Margin Change
2023-0.29%-98.66%
2022-22.01%-61.47%
2021-57.14%577.89%
2020-8.43%-227.02%
20196.64%-111.67%
2018-56.85%

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.