Ringkjรธbing Landbobank
RILBA.CO
#3101
Rank
NZ$6.52 B
Marketcap
$260.43
Share price
2.94%
Change (1 day)
9.53%
Change (1 year)

Operating Margin for Ringkjรธbing Landbobank (RILBA.CO)

Operating Margin as of September 2024 (TTM): 75.34%

According to Ringkjรธbing Landbobank's latest financial reports and stock price the company's current Operating Margin is 75.34%. At the end of 2023 the company had an Operating Margin of 74.16%.

Operating Margin history for Ringkjรธbing Landbobank from 2010 to 2024

Operating Margin at the end of each year

Year Operating Margin Change
202374.16%10.57%
202267.07%6.86%
202162.77%19.63%
202052.47%-8.34%
201957.24%14.77%
201849.88%-26.73%
201768.07%5.44%
201664.55%4.55%
201561.74%2.26%
201460.38%10.98%
201354.40%5.78%
201251.43%4.02%
201149.44%16.33%
201042.50%12.72%
200937.70%-21.58%
200848.08%-28.29%
200767.05%-38.2%
2006108.49%63.97%
200566.17%

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.