Neinor Homes
HOME.MC
#5149
Rank
โ‚ฌ1.08 B
Marketcap
14,48ย โ‚ฌ
Share price
2.12%
Change (1 day)
55.32%
Change (1 year)

Operating Margin for Neinor Homes (HOME.MC)

Operating Margin as of September 2024 (TTM): 16.84%

According to Neinor Homes's latest financial reports and stock price the company's current Operating Margin is 16.84%. At the end of 2023 the company had an Operating Margin of 16.85%.

Operating Margin history for Neinor Homes from 2017 to 2022

Operating Margin at the end of each year

Year Operating Margin Change
202316.85%7.62%
202215.66%16.24%
202113.47%-14.94%
202015.83%-4.77%
201916.63%57.24%
201810.58%-189.75%
2017-11.78%-752.41%
20161.81%-105.69%
2015-31.75%

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.