Síminn hf.
SIMINN.IC
$0.07000
Share price
-0.50%
Change (1 day)
-22.22%
Change (1 year)
Categories
Operating Margin for Síminn hf. (SIMINN.IC)
Operating Margin as of May 2024 (TTM): 11.63%
According to Síminn hf.'s latest financial reports and stock price the company's current Operating Margin is 11.63%. At the end of 2022 the company had an Operating Margin of 12.01%.
Operating Margin history for Síminn hf. from 2015 to 2023
Operating Margin at the end of each year
| Year | Operating Margin | Change |
|---|---|---|
| 2022 | 12.01% | 16.23% |
| 2021 | 10.33% | -31.86% |
| 2020 | 15.17% | -14.29% |
| 2019 | 17.69% | 138.58% |
| 2018 | 7.42% | -58.1% |
| 2017 | 17.70% | 1.8% |
| 2016 | 17.39% | 6.08% |
| 2015 | 16.39% | -16.92% |
| 2014 | 19.73% | -148.34% |
| 2013 | -40.82% | -1206.93% |
| 2012 | 3.69% | -113.31% |
| 2011 | -27.71% |
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.