WEG ON
WEGE3.SA
#608
Rank
$32.16 B
Marketcap
$7.67
Share price
1.42%
Change (1 day)
-4.72%
Change (1 year)

Operating Margin for WEG ON (WEGE3.SA)

Operating Margin as of April 2024 (TTM): 19.42%

According to WEG ON's latest financial reports and stock price the company's current Operating Margin is 19.42%. At the end of 2022 the company had an Operating Margin of 17.11%.

Operating Margin history for WEG ON from 2002 to 2023

Operating Margin at the end of each year

Year Operating Margin Change
202217.11%-6.91%
202118.38%16.88%
202015.72%16.3%
201913.52%8.06%
201812.51%-3.95%
201713.02%-4.65%
201613.66%2.26%
201513.36%-14.71%
201415.66%-1.42%
201315.89%13.51%
201214.00%-5.2%
201114.76%-11.17%
201016.62%10.88%
200914.99%0.1%
200814.98%-22.75%
200719.39%-5.6%
200620.54%-207.67%
2005-19.07%-12.11%
2004-21.70%-194.92%
200322.86%8.55%
200221.06%-1.88%
200121.47%

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.