Italgas
IG.MI
$5.55
Share price
1.07%
Change (1 day)
-14.88%
Change (1 year)
Categories
Operating Margin for Italgas (IG.MI)
Operating Margin at the end of 2022: 26.25%
According to Italgas's latest financial reports and stock price the company's current Operating Margin is 26.25%. At the end of 2022 the company had an Operating Margin of 26.25%.
Operating Margin history for Italgas from 2016 to 2022
Operating Margin at the end of each year
| Year | Operating Margin | Change |
|---|---|---|
| 2022 | 26.25% | 6.58% |
| 2021 | 24.63% | -7.09% |
| 2020 | 26.51% | -9.68% |
| 2019 | 29.35% | 11.57% |
| 2018 | 26.31% | 3.88% |
| 2017 | 25.33% | -169.5% |
| 2016 | -36.44% |
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.