IDP Education
IEL.AX
$10.97
Share price
3.17%
Change (1 day)
-39.73%
Change (1 year)
Categories
Operating Margin for IDP Education (IEL.AX)
Operating Margin at the end of 2022: 19.18%
According to IDP Education's latest financial reports and stock price the company's current Operating Margin is 19.17%. At the end of 2022 the company had an Operating Margin of 19.18%.
Operating Margin history for IDP Education from 2016 to 2022
Operating Margin at the end of each year
| Year | Operating Margin | Change |
|---|---|---|
| 2022 | 19.18% | 72.26% |
| 2021 | 11.13% | -36.28% |
| 2020 | 17.47% | 9.57% |
| 2019 | 15.95% | 5.15% |
| 2018 | 15.16% | -1.21% |
| 2017 | 15.35% | 1.51% |
| 2016 | 15.12% |
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.