Festi hf.
FESTI.IC
#6758
Rank
HK$3.35 B
Marketcap
HK$11.15
Share price
-0.51%
Change (1 day)
7.98%
Change (1 year)

Operating Margin for Festi hf. (FESTI.IC)

Operating Margin as of September 2024 (TTM): 3.40%

According to Festi hf.'s latest financial reports and stock price the company's current Operating Margin is 3.40%. At the end of 2023 the company had an Operating Margin of 5.64%.

Operating Margin history for Festi hf. from 2013 to 2024

Operating Margin at the end of each year

Year Operating Margin Change
20235.64%-6.81%
20226.05%-26.43%
20218.22%47.09%
20205.59%-17%
20196.73%9.27%
20186.16%-27%
20178.44%-38.31%
201613.69%147.37%
20155.53%27.13%
20144.35%56.55%
20132.78%-20.86%
20123.51%-60%
20118.78%-136.85%
2010-23.83%

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.