Iris Energy
IREN
$4.34
Share price
-7.46%
Change (1 day)
18.26%
Change (1 year)
Categories
Operating Margin for Iris Energy (IREN)
Operating Margin as of May 2024 (TTM): -706.41%
According to Iris Energy's latest financial reports and stock price the company's current Operating Margin is -706.41%. At the end of 2022 the company had an Operating Margin of -706.41%.
Operating Margin history for Iris Energy from 2020 to 2022
Operating Margin at the end of each year
| Year | Operating Margin | Change |
|---|---|---|
| 2022 | -706.41% | -6.58% |
| 2021 | -756.13% | 667.43% |
| 2020 | -98.53% |
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.