Erdemir
EREGL.IS
#2806
Rank
HK$38.09 B
Marketcap
HK$11.34
Share price
2.45%
Change (1 day)
-7.70%
Change (1 year)

Operating Margin for Erdemir (EREGL.IS)

Operating Margin as of September 2024 (TTM): 9.30%

According to Erdemir's latest financial reports and stock price the company's current Operating Margin is 9.30%. At the end of 2023 the company had an Operating Margin of 9.75%.

Operating Margin history for Erdemir from 2009 to 2024

Operating Margin at the end of each year

Year Operating Margin Change
20239.75%-48.36%
202218.88%-47.19%
202135.74%86.95%
202019.12%-5.51%
201920.23%-38.45%
201832.88%20.54%
201727.27%31.18%
201620.79%25.32%
201516.59%-12.62%
201418.99%24.73%
201315.22%52.82%
20129.96%-43.2%
201117.54%-8.39%
201019.14%4819.66%
20090.39%-94.03%
20086.52%-62.88%
200717.57%-11.12%
200619.76%172.61%
20057.25%

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.