Iren
IRE.MI
$2.03
Share price
-0.74%
Change (1 day)
-4.25%
Change (1 year)
Operating Margin for Iren (IRE.MI)
Operating Margin as of May 2024 (TTM): 6.15%
According to Iren's latest financial reports and stock price the company's current Operating Margin is 6.15%. At the end of 2022 the company had an Operating Margin of 5.14%.
Operating Margin history for Iren from 2010 to 2023
Operating Margin at the end of each year
| Year | Operating Margin | Change |
|---|---|---|
| 2022 | 5.14% | -40.42% |
| 2021 | 8.63% | -12.96% |
| 2020 | 9.92% | 11.36% |
| 2019 | 8.91% | -8.32% |
| 2018 | 9.72% | -2.95% |
| 2017 | 10.01% | 6.72% |
| 2016 | 9.38% | 16.63% |
| 2015 | 8.04% | 1.94% |
| 2014 | 7.89% | 25.14% |
| 2013 | 6.30% | 7.28% |
| 2012 | 5.88% | 1246.53% |
| 2011 | 0.44% | -95.25% |
| 2010 | 9.19% | 40.83% |
| 2009 | 6.52% | -14.99% |
| 2008 | 7.67% | 22.36% |
| 2007 | 6.27% | 7.24% |
| 2006 | 5.85% | -39.05% |
| 2005 | 9.59% | 35.35% |
| 2004 | 7.09% | -9.02% |
| 2003 | 7.79% |
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.