Gold Road Resources
GOR.AX
#4958
Rank
NZ$2.43 B
Marketcap
$2.25
Share price
-0.98%
Change (1 day)
3.40%
Change (1 year)

Operating Margin for Gold Road Resources (GOR.AX)

Operating Margin at the end of 2023: 35.39%

According to Gold Road Resources's latest financial reports and stock price the company's current Operating Margin is 35.39%. At the end of 2023 the company had an Operating Margin of 35.39%.

Operating Margin history for Gold Road Resources from 2010 to 2023

Operating Margin at the end of each year

Year Operating Margin Change
202335.39%49.31%
202223.71%26.84%
202118.69%-51.47%
202038.51%-657.12%
2019-6.91%
2010-13,956.70%

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.