Arion banki
ARION.IC
#4895
Rank
โ‚น119.67 B
Marketcap
โ‚น84.64
Share price
2.58%
Change (1 day)
-0.36%
Change (1 year)

Operating Margin for Arion banki (ARION.IC)

Operating Margin as of September 2024 (TTM): 50.85%

According to Arion banki's latest financial reports and stock price the company's current Operating Margin is 50.85%. At the end of 2023 the company had an Operating Margin of 54.92%.

Operating Margin history for Arion banki from 2018 to 2024

Operating Margin at the end of each year

Year Operating Margin Change
202354.92%1.56%
202254.07%-8.3%
202158.97%49.76%
202039.38%5.07%
201937.48%33.19%
201828.14%-36.3%
201744.17%-16.49%
201652.89%-42.82%
201592.50%76.66%
201452.36%

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.