Mynet
3928.T
#9389
Rank
NZ$38.26 M
Marketcap
$4.53
Share price
2.05%
Change (1 day)
15.49%
Change (1 year)

Operating Margin for Mynet (3928.T)

Operating Margin as of October 2024 (TTM): 3.35%

According to Mynet's latest financial reports and stock price the company's current Operating Margin is 3.35%. At the end of 2022 the company had an Operating Margin of -14.41%.

Operating Margin history for Mynet from 2016 to 2024

Operating Margin at the end of each year

Year Operating Margin Change
2022-14.41%-422.87%
20214.46%-49.61%
20208.86%-149.86%
2019-17.77%7.85%
2018-16.48%-817.86%
20172.30%-62.02%
20166.04%77.53%
20153.40%38.52%
20142.46%

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.