According to IREN (Iris Energy)'s latest financial reports and stock price the company's current Operating Margin is -13.51%. At the end of 2024 the company had an Operating Margin of -13.51%.
Year | Operating Margin | Change |
---|---|---|
2024 | -13.51% | -93.98% |
2023 | -224.45% | -68.23% |
2022 | -706.41% | -5.68% |
2021 | -748.94% | 660.13% |
2020 | -98.53% |
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.