Volvo Car
VOLCAR-B.ST
$3.80
Share price
2.32%
Change (1 day)
-7.09%
Change (1 year)
Categories
Operating Margin for Volvo Car (VOLCAR-B.ST)
Operating Margin as of April 2024 (TTM): 4.12%
According to Volvo Car's latest financial reports and stock price the company's current Operating Margin is 4.12%. At the end of 2022 the company had an Operating Margin of 6.30%.
Operating Margin history for Volvo Car from 2021 to 2023
Operating Margin at the end of each year
| Year | Operating Margin | Change |
|---|---|---|
| 2022 | 6.30% | -5.21% |
| 2021 | 6.65% | 83.14% |
| 2020 | 3.63% | -24.39% |
| 2019 | 4.80% | -6.04% |
| 2018 | 5.11% |
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.