Red Sea International Company
4230.SR
#6645
Rank
ยฃ0.34 B
Marketcap
ยฃ11.52
Share price
6.98%
Change (1 day)
130.04%
Change (1 year)

Operating Margin for Red Sea International Company (4230.SR)

Operating Margin as of September 2024 (TTM): 4.86%

According to Red Sea International Company's latest financial reports and stock price the company's current Operating Margin is 4.86%. At the end of 2022 the company had an Operating Margin of -44.47%.

Operating Margin history for Red Sea International Company from 2014 to 2024

Operating Margin at the end of each year

Year Operating Margin Change
2022-44.47%85.68%
2021-23.95%-10.74%
2020-26.83%205.15%
2019-8.79%67.59%
2018-5.25%-14.07%
2017-6.11%-156.3%
201610.84%18.71%
20159.13%-41.78%
201415.69%-8.53%
201317.15%10.15%
201215.57%36.91%
201111.37%-0.65%
201011.45%-67.92%
200935.70%11.42%
200832.04%5.6%
200730.34%-13.83%
200635.21%

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.