Ivanhoe Electric
IE
#5464
Rank
NZ$1.67 B
Marketcap
$13.94
Share price
-0.23%
Change (1 day)
-23.48%
Change (1 year)

Operating Margin for Ivanhoe Electric (IE)

Operating Margin as of October 2024 (TTM): -8,503.13%

According to Ivanhoe Electric's latest financial reports and stock price the company's current Operating Margin is -8,503.13%. At the end of 2023 the company had an Operating Margin of -5,475.25%.

Operating Margin history for Ivanhoe Electric from 2021 to 2024

Operating Margin at the end of each year

Year Operating Margin Change
2023-5,475.25%191.31%
2022-1,879.51%31.5%
2021-1,429.34%126.04%
2020-632.33%-19.16%
2019-782.17%

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.