ENKA
ENKAI.IS
#1967
Rank
ยฃ6.29 B
Marketcap
ยฃ1.10
Share price
2.42%
Change (1 day)
4.02%
Change (1 year)

Operating Margin for ENKA (ENKAI.IS)

Operating Margin as of September 2024 (TTM): 31.10%

According to ENKA's latest financial reports and stock price the company's current Operating Margin is 31.10%. At the end of 2022 the company had an Operating Margin of 6.12%.

Operating Margin history for ENKA from 2020 to 2024

Operating Margin at the end of each year

Year Operating Margin Change
20226.12%-77.37%
202127.02%-40.78%
202045.62%8.83%
201941.92%

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.