Evonik Industries
EVK.DE
#1601
Rank
HK$83.76 B
Marketcap
HK$179.76
Share price
1.51%
Change (1 day)
21.20%
Change (1 year)

Operating Margin for Evonik Industries (EVK.DE)

Operating Margin as of September 2024 (TTM): 0.97%

According to Evonik Industries's latest financial reports and stock price the company's current Operating Margin is 0.97%. At the end of 2023 the company had an Operating Margin of -2.30%.

Operating Margin history for Evonik Industries from 2010 to 2024

Operating Margin at the end of each year

Year Operating Margin Change
2023-2.30%-146.05%
20224.99%-31.19%
20217.26%29.39%
20205.61%-22.96%
20197.28%8.01%
20186.74%-5.17%
20177.11%-19.51%
20168.83%-17.25%
201510.67%63.66%
20146.52%2.4%
20136.37%-45.32%
201211.64%9.71%
201110.61%44.76%
20107.33%307.97%
20091.80%-21.21%
20082.28%-37.49%
20073.65%168.42%
20061.36%

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.