Cargotec
CGCBV.HE
#3327
Rank
NZ$5.65 B
Marketcap
$88.43
Share price
0.14%
Change (1 day)
23.58%
Change (1 year)

Operating Margin for Cargotec (CGCBV.HE)

Operating Margin as of September 2024 (TTM): 9.89%

According to Cargotec 's latest financial reports and stock price the company's current Operating Margin is 9.89%. At the end of 2023 the company had an Operating Margin of 9.92%.

Operating Margin history for Cargotec from 2009 to 2024

Operating Margin at the end of each year

Year Operating Margin Change
20239.92%413.15%
20221.93%-80.77%
202110.05%850.48%
20201.06%-73.31%
20193.96%-18.78%
20184.88%-16.24%
20175.82%20.97%
20164.81%-3.61%
20154.99%70.72%
20142.92%18.21%
20132.47%-32.77%
20123.68%-39.81%
20116.11%55.26%
20103.94%-480.65%
2009-1.03%-124.22%
20084.27%-30.05%
20076.11%-31.64%
20068.93%

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.