Sinch
SINCH.ST
$2.29
Share price
-3.55%
Change (1 day)
-0.87%
Change (1 year)
Categories
Operating Margin for Sinch (SINCH.ST)
Operating Margin as of April 2024 (TTM): -21.19%
According to Sinch 's latest financial reports and stock price the company's current Operating Margin is -21.19%. At the end of 2022 the company had an Operating Margin of -15.81%.
Operating Margin history for Sinch from 2015 to 2023
Operating Margin at the end of each year
| Year | Operating Margin | Change |
|---|---|---|
| 2022 | -15.81% | -303.56% |
| 2021 | 7.77% | 49.4% |
| 2020 | 5.20% | -31.79% |
| 2019 | 7.62% | 28.18% |
| 2018 | 5.95% | 96.9% |
| 2017 | 3.02% | |
| 2015 | 10.60% | -16.47% |
| 2014 | 12.69% |
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.