Balco Group
BALCO.ST
#8880
Rank
ยฃ69.29 M
Marketcap
ยฃ3.01
Share price
0.00%
Change (1 day)
-0.81%
Change (1 year)

Operating Margin for Balco Group (BALCO.ST)

Operating Margin as of November 2024 (TTM): 2.97%

According to Balco Group's latest financial reports and stock price the company's current Operating Margin is 2.97%. At the end of 2023 the company had an Operating Margin of 4.61%.

Operating Margin history for Balco Group from 2018 to 2024

Operating Margin at the end of each year

Year Operating Margin Change
20234.61%-34.99%
20227.09%-28.79%
20219.96%13.07%
20208.81%-18.33%
201910.79%14.71%
20189.40%68.22%
20175.59%97.32%
20162.83%-27.18%
20153.89%-194.05%
2014-4.14%

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.