Universal Music Group
UMG.AS
$29.43
Share price
1.74%
Change (1 day)
26.58%
Change (1 year)
Categories
Operating Margin for Universal Music Group (UMG.AS)
Operating Margin at the end of 2022: 8.70%
According to Universal Music Group's latest financial reports and stock price the company's current Operating Margin is 8.70%. At the end of 2022 the company had an Operating Margin of 8.70%.
Operating Margin history for Universal Music Group from 2018 to 2022
Operating Margin at the end of each year
| Year | Operating Margin | Change |
|---|---|---|
| 2022 | 8.70% | -36.46% |
| 2021 | 13.70% | -42.83% |
| 2020 | 23.96% | 46.63% |
| 2019 | 16.34% | -14.63% |
| 2018 | 19.14% |
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.