Westgold Resources Limited
WGX.AX
HK$14.45
Share price
-0.34%
Change (1 day)
17.66%
Change (1 year)
Categories
Operating Margin for Westgold Resources Limited (WGX.AX)
Operating Margin at the end of 2024: 19.12%
According to Westgold Resources Limited's latest financial reports and stock price the company's current Operating Margin is 19.11%. At the end of 2024 the company had an Operating Margin of 19.12%.
Operating Margin history for Westgold Resources Limited from 2017 to 2024
Operating Margin at the end of each year
| Year | Operating Margin | Change |
|---|---|---|
| 2024 | 19.12% | 796.82% |
| 2023 | 2.13% | -108.62% |
| 2022 | -24.72% | -226.19% |
| 2021 | 19.59% | 119.86% |
| 2020 | 8.91% | 193.95% |
| 2019 | 3.03% | -120.59% |
| 2018 | -14.72% | -361.35% |
| 2017 | 5.63% |
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.