Sparebanken Møre
MORG.OL
#7016
Rank
£0.31 B
Marketcap
£6.44
Share price
-2.07%
Change (1 day)
15.46%
Change (1 year)

Operating Margin for Sparebanken Møre (MORG.OL)

Operating Margin as of November 2024 (TTM): 64.69%

According to Sparebanken Møre's latest financial reports and stock price the company's current Operating Margin is 64.69%. At the end of 2023 the company had an Operating Margin of 63.31%.

Operating Margin history for Sparebanken Møre from 2009 to 2024

Operating Margin at the end of each year

Year Operating Margin Change
202363.31%9.68%
202257.72%5.81%
202154.55%12.08%
202048.67%-14.14%
201956.69%0.62%
201856.34%2.09%
201755.19%-0.36%
201655.39%4.22%
201553.15%-9.16%
201458.51%17.2%
201349.92%-18.44%
201261.21%30.47%
201146.91%-10.62%
201052.49%18.66%
200944.23%-6.37%
200847.24%-7.62%
200751.14%8.48%
200647.15%3.25%
200545.66%

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.