Elkem
ELK.OL
#5406
Rank
NZ$1.68 B
Marketcap
$2.65
Share price
2.80%
Change (1 day)
-22.94%
Change (1 year)

Operating Margin for Elkem (ELK.OL)

Operating Margin as of September 2024 (TTM): -2.29%

According to Elkem's latest financial reports and stock price the company's current Operating Margin is -2.29%. At the end of 2022 the company had an Operating Margin of 27.86%.

Operating Margin history for Elkem from 2017 to 2024

Operating Margin at the end of each year

Year Operating Margin Change
202227.86%51.29%
202118.42%416.35%
20203.57%-44.78%
20196.46%-61.4%
201816.74%77.55%
20179.43%28.02%
20167.36%-25.46%
20159.88%120.71%
20144.48%

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.