According to Reitir fasteignafélag's latest financial reports and stock price the company's current Operating Margin is 0.00%. At the end of 2023 the company had an Operating Margin of 66.53%.
Year | Operating Margin | Change |
---|---|---|
2023 | 66.53% | 2971.33% |
2022 | 2.17% | -97.36% |
2021 | 82.19% | 211.51% |
2020 | 26.38% | -30.33% |
2019 | 37.87% | -431.39% |
2018 | -11.43% | -117.38% |
2017 | 65.75% | 105.88% |
2016 | 31.94% | -69.78% |
2015 | 105.68% | 161.21% |
2014 | 40.46% | -65.9% |
2013 | 118.66% | -225.05% |
2012 | -94.89% |
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.