Parkin PJSC
PARKIN.AE
#3154
Rank
ยฃ3.04 B
Marketcap
ยฃ1.01
Share price
-1.89%
Change (1 day)
N/A
Change (1 year)

Operating Margin for Parkin PJSC (PARKIN.AE)

Operating Margin as of December 2024 (TTM): 43.44%

According to Parkin PJSC's latest financial reports and stock price the company's current Operating Margin is 43.44%. At the end of 2023 the company had an Operating Margin of 50.63%.

Operating Margin history for Parkin PJSC from 2023 to 2024

Operating Margin at the end of each year

Year Operating Margin Change
202350.63%9.99%
202246.04%23.64%
202137.23%

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.