According to Instabank ASA's latest financial reports and stock price the company's current Operating Margin is 26.11%. At the end of 2023 the company had an Operating Margin of 29.75%.
Year | Operating Margin | Change |
---|---|---|
2023 | 29.75% | 2.96% |
2022 | 28.90% | -17.57% |
2021 | 35.06% | 61.8% |
2020 | 21.67% | -4.56% |
2019 | 22.70% | 26.49% |
2018 | 17.95% | 349.12% |
2017 | 4.00% |
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.