Fortum
FORTUM.HE
$12.97
Share price
-0.78%
Change (1 day)
-13.07%
Change (1 year)
Categories
Operating Margin for Fortum (FORTUM.HE)
Operating Margin as of April 2024 (TTM): 5.09%
According to Fortum's latest financial reports and stock price the company's current Operating Margin is 5.09%. At the end of 2022 the company had an Operating Margin of 5.17%.
Operating Margin history for Fortum from 2009 to 2023
Operating Margin at the end of each year
| Year | Operating Margin | Change |
|---|---|---|
| 2022 | 5.17% | -2110.02% |
| 2021 | -0.26% | -105.73% |
| 2020 | 4.49% | -85.86% |
| 2019 | 31.72% | 59.9% |
| 2018 | 19.84% | -19.28% |
| 2017 | 24.58% | 50.04% |
| 2016 | 16.38% | -285.79% |
| 2015 | -8.82% | -112.47% |
| 2014 | 70.72% | 185.72% |
| 2013 | 24.75% | -3.21% |
| 2012 | 25.57% | -28.24% |
| 2011 | 35.64% | 41.31% |
| 2010 | 25.22% | -15.7% |
| 2009 | 29.91% | -5.15% |
| 2008 | 31.54% | -26.96% |
| 2007 | 43.18% | 36.47% |
| 2006 | 31.64% | -3.18% |
| 2005 | 32.68% | 130.34% |
| 2004 | 14.19% | 36.51% |
| 2003 | 10.39% | 14.94% |
| 2002 | 9.04% | 34.08% |
| 2001 | 6.74% |
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.