Elm Company
7203.SR
$229.58
Share price
1.01%
Change (1 day)
83.02%
Change (1 year)
Categories
Operating Margin for Elm Company (7203.SR)
Operating Margin as of May 2024 (TTM): 23.15%
According to Elm Company's latest financial reports and stock price the company's current Operating Margin is 23.15%. At the end of 2022 the company had an Operating Margin of 22.21%.
Operating Margin history for Elm Company from 2020 to 2023
Operating Margin at the end of each year
| Year | Operating Margin | Change |
|---|---|---|
| 2022 | 22.21% | 31.07% |
| 2021 | 16.95% | 12.25% |
| 2020 | 15.10% | 3.3% |
| 2019 | 14.61% | -22.76% |
| 2018 | 18.92% | 1.71% |
| 2017 | 18.60% |
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.