Air Busan
298690.KS
#6758
Rank
$0.24 B
Marketcap
$2.13
Share price
-4.58%
Change (1 day)
-10.76%
Change (1 year)

Operating Margin for Air Busan (298690.KS)

Operating Margin as of May 2024 (TTM): -27.97%

According to Air Busan 's latest financial reports and stock price the company's current Operating Margin is -27.97%. At the end of 2021 the company had an Operating Margin of -199.77%.

Operating Margin history for Air Busan from 2018 to 2022

Operating Margin at the end of each year

Year Operating Margin Change
2021-199.77%123.46%
2020-89.40%490.08%
2019-15.15%-519.32%
20183.61%-45.33%
20176.61%-21.8%
20168.45%-13.79%
20159.80%

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.