Genesis Energy
GNE.NZ
$1.38
Share price
-1.91%
Change (1 day)
-17.37%
Change (1 year)
Operating Margin for Genesis Energy (GNE.NZ)
Operating Margin at the end of 2022: 13.11%
According to Genesis Energy's latest financial reports and stock price the company's current Operating Margin is 13.11%. At the end of 2022 the company had an Operating Margin of 13.11%.
Operating Margin history for Genesis Energy from 2014 to 2022
Operating Margin at the end of each year
| Year | Operating Margin | Change |
|---|---|---|
| 2022 | 13.11% | 307.55% |
| 2021 | 3.22% | -35.34% |
| 2020 | 4.98% | -14.96% |
| 2019 | 5.85% | 29.46% |
| 2018 | 4.52% | -61.92% |
| 2017 | 11.87% | -25.61% |
| 2016 | 15.96% | 59.2% |
| 2015 | 10.02% | 42.26% |
| 2014 | 7.05% |
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.