Snam
SRG.MI
#1152
Rank
$15.81 B
Marketcap
$4.72
Share price
-0.84%
Change (1 day)
-9.58%
Change (1 year)

Operating Margin for Snam (SRG.MI)

Operating Margin as of March 2024 (TTM): 27.60%

According to Snam's latest financial reports and stock price the company's current Operating Margin is 27.60%. At the end of 2022 the company had an Operating Margin of 30.03%.

Operating Margin history for Snam from 2010 to 2023

Operating Margin at the end of each year

Year Operating Margin Change
202230.03%-38.91%
202149.16%-7.42%
202053.10%-3.4%
201954.97%9.27%
201850.31%3.29%
201748.71%35.13%
201636.05%-17.42%
201543.65%-1.93%
201444.51%5.67%
201342.12%18.39%
201235.58%-25.75%
201147.92%1.67%
201047.14%6.51%
200944.26%5.75%
200841.85%-8.87%
200745.92%8.78%
200642.22%-12.47%
200548.23%8.82%
200444.32%7.26%
200341.32%

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.