Tryg
TRYG.CO
#1342
Rank
$12.91 B
Marketcap
$20.99
Share price
0.28%
Change (1 day)
-8.54%
Change (1 year)

Operating Margin for Tryg (TRYG.CO)

Operating Margin as of May 2024 (TTM): 11.98%

According to Tryg's latest financial reports and stock price the company's current Operating Margin is 11.98%. At the end of 2022 the company had an Operating Margin of 9.18%.

Operating Margin history for Tryg from 2009 to 2023

Operating Margin at the end of each year

Year Operating Margin Change
20229.18%-46.33%
202117.10%8.95%
202015.69%-4.77%
201916.48%27.54%
201812.92%-29.61%
201718.36%1.94%
201618.01%32.49%
201513.59%-24.52%
201418.01%16.82%
201315.42%2.78%
201215.00%88.96%
20117.94%57.61%
20105.04%-65.8%
200914.73%83.26%
20088.04%-54.75%
200717.76%-8.91%
200619.49%14.3%
200517.06%33.71%
200412.75%

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.