According to Fastned's latest financial reports and stock price the company's current Operating Margin is -31.20%. At the end of 2023 the company had an Operating Margin of -31.21%.
Year | Operating Margin | Change |
---|---|---|
2023 | -31.21% | -49.43% |
2022 | -61.71% | -68.73% |
2021 | -197.33% | 9.64% |
2020 | -179.99% | -4.31% |
2019 | -188.09% | -52.59% |
2018 | -396.76% | -56.03% |
2017 | -902.34% |
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.