Grenke
GLJ.F
#5018
Rank
$1.09 B
Marketcap
$23.56
Share price
0.45%
Change (1 day)
-34.17%
Change (1 year)

Operating Margin for Grenke (GLJ.F)

Operating Margin as of May 2024 (TTM): 19.50%

According to Grenke's latest financial reports and stock price the company's current Operating Margin is 19.50%. At the end of 2021 the company had an Operating Margin of 20.29%.

Operating Margin history for Grenke from 2009 to 2022

Operating Margin at the end of each year

Year Operating Margin Change
202120.29%16.14%
202017.47%-30.98%
201925.31%372.74%
20185.35%-17.28%
20176.47%-4.85%
20166.80%8%
20156.30%6.64%
20145.91%19.42%
20134.95%-4.25%
20125.17%-87.67%
201141.88%14.91%
201036.45%-5.7%
200938.65%-16.94%
200846.53%-99.43%
20078,209.32%

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.