FGI Industries
FGI
#9641
Rank
S$9.28 M
Marketcap
$0.97
Share price
-3.32%
Change (1 day)
-48.11%
Change (1 year)

Operating Margin for FGI Industries (FGI)

Operating Margin as of October 2024 (TTM): 0.44%

According to FGI Industries's latest financial reports and stock price the company's current Operating Margin is 0.44%. At the end of 2022 the company had an Operating Margin of 3.18%.

Operating Margin history for FGI Industries from 2021 to 2024

Operating Margin at the end of each year

Year Operating Margin Change
20223.18%-37.66%
20215.10%16.07%
20204.39%128.95%
20191.92%

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.