Westgold Resources Limited
WGX.AX
#4829
Rank
$1.44 B
Marketcap
$1.53
Share price
-4.31%
Change (1 day)
-6.49%
Change (1 year)

Operating Margin for Westgold Resources Limited (WGX.AX)

Operating Margin at the end of 2024: 19.12%

According to Westgold Resources Limited's latest financial reports and stock price the company's current Operating Margin is 19.11%. At the end of 2024 the company had an Operating Margin of 19.12%.

Operating Margin history for Westgold Resources Limited from 2017 to 2024

Operating Margin at the end of each year

Year Operating Margin Change
202419.12%796.82%
20232.13%-108.62%
2022-24.72%-226.19%
202119.59%119.86%
20208.91%193.95%
20193.03%-120.59%
2018-14.72%-361.35%
20175.63%

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.