Reece Group
REH.AX
#1454
Rank
$11.78 B
Marketcap
$18.24
Share price
0.79%
Change (1 day)
67.80%
Change (1 year)

Operating Margin for Reece Group (REH.AX)

Operating Margin at the end of 2022: 6.66%

According to Reece Group's latest financial reports and stock price the company's current Operating Margin is 6.65%. At the end of 2022 the company had an Operating Margin of 6.66%.

Operating Margin history for Reece Group from 2001 to 2022

Operating Margin at the end of each year

Year Operating Margin Change
20226.66%9.74%
20216.06%16.63%
20205.20%-4.35%
20195.44%-54.25%
201811.88%-4.76%
201712.47%1.44%
201612.30%7.6%
201511.43%13.71%
201410.05%-10.1%
201311.18%4.15%
201210.73%-1.86%
201110.94%1.64%
201010.76%15.63%
20099.31%-18.01%
200811.35%-0.38%
200711.40%1.84%
200611.19%4.11%
200510.75%5.13%
200410.22%11.81%
20039.14%-5.22%
20029.65%14.14%
20018.45%

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.