Síminn hf.
SIMINN.IC
#7821
Rank
€0.20 B
Marketcap
0,08284 €
Share price
-1.64%
Change (1 day)
49.86%
Change (1 year)

Operating Margin for Síminn hf. (SIMINN.IC)

Operating Margin as of November 2024 (TTM): 12.11%

According to Síminn hf.'s latest financial reports and stock price the company's current Operating Margin is 12.11%. At the end of 2023 the company had an Operating Margin of 10.50%.

Operating Margin history for Síminn hf. from 2015 to 2024

Operating Margin at the end of each year

Year Operating Margin Change
202310.50%-12.57%
202212.01%16.23%
202110.33%-1.92%
202010.54%-40.46%
201917.69%138.58%
20187.42%-58.1%
201717.70%1.8%
201617.39%6.08%
201516.39%-16.24%
201419.57%-147.94%
2013-40.82%-1206.93%
20123.69%-113.31%
2011-27.71%

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.