Vátryggingafélag Íslands
VIS.IC
#7693
Rank
HK$1.66 B
Marketcap
HK$0.85
Share price
0.00%
Change (1 day)
-9.56%
Change (1 year)
Categories

Operating Margin for Vátryggingafélag Íslands (VIS.IC)

Operating Margin as of September 2024 (TTM): 3.98%

According to Vátryggingafélag Íslands's latest financial reports and stock price the company's current Operating Margin is 3.98%. At the end of 2023 the company had an Operating Margin of 6.63%.

Operating Margin history for Vátryggingafélag Íslands from 2012 to 2024

Operating Margin at the end of each year

Year Operating Margin Change
20236.63%55.95%
20224.25%-84.75%
202127.88%194.12%
20209.48%-30.24%
201913.59%28%
201810.61%16.09%
20179.14%33.32%
20166.86%-31.44%
201510.00%34.4%
20147.44%-47.4%
201314.15%-23.91%
201218.60%410.83%
20113.64%

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.