Synlait Milk
SML.NZ
#8733
Rank
ยฃ46.88 M
Marketcap
ยฃ0.21
Share price
5.81%
Change (1 day)
-65.04%
Change (1 year)

Operating Margin for Synlait Milk (SML.NZ)

Operating Margin at the end of 2023: 0.58%

According to Synlait Milk's latest financial reports and stock price the company's current Operating Margin is 0.57%. At the end of 2023 the company had an Operating Margin of 0.58%.

Operating Margin history for Synlait Milk from 2017 to 2023

Operating Margin at the end of each year

Year Operating Margin Change
20230.58%-83.83%
20223.57%-353.19%
2021-1.41%-115.13%
20209.31%-23.03%
201912.10%-5.73%
201812.83%49.83%
20178.56%

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.