CTT - Correios De Portugal
CTT.LS
#6050
Rank
NZ$1.09 B
Marketcap
$7.93
Share price
-1.88%
Change (1 day)
31.59%
Change (1 year)
Categories

Operating Margin for CTT - Correios De Portugal (CTT.LS)

Operating Margin as of September 2024 (TTM): 5.44%

According to CTT - Correios De Portugal's latest financial reports and stock price the company's current Operating Margin is 5.44%. At the end of 2022 the company had an Operating Margin of 6.49%.

Operating Margin history for CTT - Correios De Portugal from 2013 to 2024

Operating Margin at the end of each year

Year Operating Margin Change
20226.49%-11.06%
20217.30%85.44%
20203.93%-38.67%
20196.42%-0.88%
20186.47%-7.41%
20176.99%-49.02%
201613.71%-13.33%
201515.82%-20.42%
201419.88%43.24%
201313.88%38.2%
201210.04%-23.21%
201113.08%18.91%
201011.00%
200811.37%5.23%
200710.81%

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.