Skycity Entertainment Group
SKC.NZ
$1.09
Share price
-0.54%
Change (1 day)
-25.34%
Change (1 year)
Categories
Operating Margin for Skycity Entertainment Group (SKC.NZ)
Operating Margin at the end of 2022: -5.92%
According to Skycity Entertainment Group's latest financial reports and stock price the company's current Operating Margin is -5.91%. At the end of 2022 the company had an Operating Margin of -5.92%.
Operating Margin history for Skycity Entertainment Group from 2019 to 2022
Operating Margin at the end of each year
| Year | Operating Margin | Change |
|---|---|---|
| 2022 | -5.92% | -121.82% |
| 2021 | 27.13% | -25.34% |
| 2020 | 36.33% | 40.41% |
| 2019 | 25.87% |
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.