According to Nordic Paper's latest financial reports and stock price the company's current Operating Margin is 16.83%. At the end of 2021 the company had an Operating Margin of 5.90%.
Year | Operating Margin | Change |
---|---|---|
2021 | 5.90% | -47.75% |
2020 | 11.30% | -29.68% |
2019 | 16.07% | 18.67% |
2018 | 13.54% | -7.54% |
2017 | 14.64% |
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.