Turbo Energy
TURB
#9796
Rank
โ‚ฌ16.85 M
Marketcap
1,53 โ‚ฌ
Share price
-4.22%
Change (1 day)
0.05%
Change (1 year)

Operating Margin for Turbo Energy (TURB)

Operating Margin at the end of 2022: 5.47%

According to Turbo Energy's latest financial reports and stock price the company's current Operating Margin is 5.47%. At the end of 2022 the company had an Operating Margin of 5.47%.

Operating Margin history for Turbo Energy from 2021 to 2022

May 2021Sep 20213 %3.5 %4 %4.5 %5 %5.5 %companiesmarketcap.com

Operating Margin at the end of each year

Year Operating Margin Change
20225.47%92.94%
20212.84%

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.