Sýn hf.
SYN.IC
#8888
Rank
€77.06 M
Marketcap
0,20 €
Share price
-0.65%
Change (1 day)
-29.83%
Change (1 year)

Operating Margin for Sýn hf. (SYN.IC)

Operating Margin as of November 2024 (TTM): 6.14%

According to Sýn hf.'s latest financial reports and stock price the company's current Operating Margin is 6.14%. At the end of 2023 the company had an Operating Margin of 10.27%.

Operating Margin history for Sýn hf. from 2012 to 2024

Operating Margin at the end of each year

Year Operating Margin Change
202310.27%216.29%
20223.25%-71.31%
202111.31%-463.92%
2020-3.11%-68.93%
2019-10.00%-574.05%
20182.11%-74.39%
20178.24%-12.07%
20169.37%-19.8%
201511.69%13.5%
201410.30%28.73%
20138.00%83.82%
20124.35%109.55%
20112.08%

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.