Mineral Resources
MIN.AX
#2902
Rank
โ‚น380.75 B
Marketcap
โ‚น1,938
Share price
5.76%
Change (1 day)
-43.35%
Change (1 year)

Operating Margin for Mineral Resources (MIN.AX)

Operating Margin at the end of 2023: 7.54%

According to Mineral Resources's latest financial reports and stock price the company's current Operating Margin is 7.54%. At the end of 2023 the company had an Operating Margin of 7.54%.

Operating Margin history for Mineral Resources from 2007 to 2023

Operating Margin at the end of each year

Year Operating Margin Change
20237.54%-47.3%
202214.31%-70.2%
202148.02%-28.97%
202067.60%267.21%
201918.41%-23.58%
201824.09%21.65%
201719.80%-591.13%
2016-4.03%-148.53%
20158.31%-51.78%
201417.23%-24.63%
201322.86%-5.7%
201224.24%-29.37%
201134.32%29.81%
201026.44%22.59%
200921.57%-24.23%
200828.46%56.86%
200718.15%

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.