Tryg
TRYG.CO
$19.78
Share price
0.29%
Change (1 day)
-15.58%
Change (1 year)
Categories
Operating Margin for Tryg (TRYG.CO)
Operating Margin as of April 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 |
|---|---|---|
| 2022 | 9.18% | -46.33% |
| 2021 | 17.10% | 8.95% |
| 2020 | 15.69% | -4.77% |
| 2019 | 16.48% | 27.54% |
| 2018 | 12.92% | -29.61% |
| 2017 | 18.36% | 1.94% |
| 2016 | 18.01% | 32.49% |
| 2015 | 13.59% | -24.52% |
| 2014 | 18.01% | 16.82% |
| 2013 | 15.42% | 2.78% |
| 2012 | 15.00% | 88.96% |
| 2011 | 7.94% | 57.61% |
| 2010 | 5.04% | -65.8% |
| 2009 | 14.73% | 83.26% |
| 2008 | 8.04% | -54.75% |
| 2007 | 17.76% | -8.91% |
| 2006 | 19.49% | 14.3% |
| 2005 | 17.06% | 33.71% |
| 2004 | 12.75% |
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.