Ivanhoe Electric
IE
#4698
Rank
$1.44 B
Marketcap
$11.97
Share price
-1.97%
Change (1 day)
-12.63%
Change (1 year)

Operating Margin for Ivanhoe Electric (IE)

Operating Margin as of May 2024 (TTM): -1,876.55%

According to Ivanhoe Electric's latest financial reports and stock price the company's current Operating Margin is -1,876.55%. At the end of 2021 the company had an Operating Margin of -1,429.34%.

Operating Margin history for Ivanhoe Electric from 2021 to 2022

Operating Margin at the end of each year

Year Operating Margin Change
2021-1,429.34%126.04%
2020-632.33%-19.16%
2019-782.17%

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.