Iren
IRE.MI
#3652
Rank
HK$22.29 B
Marketcap
HK$17.38
Share price
0.30%
Change (1 day)
6.34%
Change (1 year)

Operating Margin for Iren (IRE.MI)

Operating Margin as of September 2024 (TTM): 9.25%

According to Iren's latest financial reports and stock price the company's current Operating Margin is 9.25%. At the end of 2022 the company had an Operating Margin of 5.18%.

Operating Margin history for Iren from 2010 to 2024

Operating Margin at the end of each year

Year Operating Margin Change
20225.18%-40.35%
20218.68%-14.07%
202010.11%12.56%
20198.98%-8.31%
20189.79%-4.05%
201710.21%5.39%
20169.68%17.23%
20158.26%4.4%
20147.91%33.49%
20135.93%5.61%
20125.61%1711.98%
20110.31%-96.61%
20109.14%46.49%
20096.24%-18.69%
20087.67%22.36%
20076.27%8%
20065.81%-38.14%
20059.39%32.42%
20047.09%-9.02%
20037.79%

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.