Söktas Tekstil
SKTAS.IS
$0.20
Share price
1.89%
Change (1 day)
0.00%
Change (1 year)
Categories
Operating Margin for Söktas Tekstil (SKTAS.IS)
Operating Margin as of April 2024 (TTM): -7.45%
According to Söktas Tekstil's latest financial reports and stock price the company's current Operating Margin is -7.45%. At the end of 2021 the company had an Operating Margin of -0.25%.
Operating Margin history for Söktas Tekstil from 2011 to 2022
Operating Margin at the end of each year
| Year | Operating Margin | Change |
|---|---|---|
| 2021 | -0.25% | -98.71% |
| 2020 | -19.41% | 208.44% |
| 2019 | -6.29% | -61.16% |
| 2018 | -16.20% | 33.85% |
| 2017 | -12.11% | 19.34% |
| 2016 | -10.14% | 25.56% |
| 2015 | -8.08% | -290.11% |
| 2014 | 4.25% | -118.94% |
| 2013 | -22.44% | -10.51% |
| 2012 | -25.07% | -514.96% |
| 2011 | 6.04% | -31.65% |
| 2010 | 8.84% | -10833.34% |
| 2009 | -0.08% | -101.33% |
| 2008 | 6.20% |
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.