Starbox Group
STBX
#8971
Rank
$94.29 M
Marketcap
$1.91
Share price
8.52%
Change (1 day)
-48.79%
Change (1 year)

Operating Margin for Starbox Group (STBX)

Operating Margin at the end of 2023: 39.13%

According to Starbox Group's latest financial reports and stock price the company's current Operating Margin is 39.12%. At the end of 2023 the company had an Operating Margin of 39.13%.

Operating Margin history for Starbox Group from 2020 to 2023

Operating Margin at the end of each year

Year Operating Margin Change
202339.13%-43.81%
202269.64%3.03%
202167.59%-154.69%
2020-123.59%

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.