Somec S.p.A.
SOM.MI
#8779
Rank
โ‚น8.40 B
Marketcap
โ‚น1,218
Share price
-2.81%
Change (1 day)
-52.75%
Change (1 year)

Operating Margin for Somec S.p.A. (SOM.MI)

Operating Margin at the end of 2023: -3.02%

According to Somec S.p.A.'s latest financial reports and stock price the company's current Operating Margin is -3.01%. At the end of 2023 the company had an Operating Margin of -3.02%.

Operating Margin history for Somec S.p.A. from 2017 to 2023

Operating Margin at the end of each year

Year Operating Margin Change
2023-3.02%-1156.91%
20220.29%-93.62%
20214.48%591.42%
20200.65%-86.04%
20194.64%-33.22%
20186.95%0.08%
20176.94%

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.