According to Festi hf.'s latest financial reports and stock price the company's current Operating Margin is 3.30%. At the end of 2024 the company had an Operating Margin of 5.75%.
Year | Operating Margin | Change |
---|---|---|
2024 | 5.75% | 1.99% |
2023 | 5.64% | -6.81% |
2022 | 6.05% | -26.43% |
2021 | 8.22% | 47.09% |
2020 | 5.59% | -17% |
2019 | 6.73% | 9.27% |
2018 | 6.16% | -27% |
2017 | 8.44% | -38.31% |
2016 | 13.69% | 147.37% |
2015 | 5.53% | 27.13% |
2014 | 4.35% | 56.55% |
2013 | 2.78% | -20.86% |
2012 | 3.51% | -60% |
2011 | 8.78% | -136.85% |
2010 | -23.83% |
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.