Wiit S.p.A.
WIIT.MI
#6217
Rank
$0.64 B
Marketcap
$24.77
Share price
-0.22%
Change (1 day)
66.60%
Change (1 year)

Operating Margin for Wiit S.p.A. (WIIT.MI)

Operating Margin as of October 2024 (TTM): 10.62%

According to Wiit S.p.A.'s latest financial reports and stock price the company's current Operating Margin is 10.62%. At the end of 2023 the company had an Operating Margin of 9.06%.

Operating Margin history for Wiit S.p.A. from 2018 to 2024

Operating Margin at the end of each year

Year Operating Margin Change
20239.06%-7.71%
20229.82%853.66%
20211.03%-85.21%
20206.96%-52.97%
201914.80%-11.46%
201816.72%-18.59%
201720.53%121.71%
20169.26%52.13%
20156.09%-35.29%
20149.41%

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.