GemLife Communities Group
GLF.AX
#5467
Rank
ยฃ0.95 B
Marketcap
ยฃ2.52
Share price
-4.00%
Change (1 day)
N/A
Change (1 year)

Operating Margin for GemLife Communities Group (GLF.AX)

Operating Margin at the end of 2024: 21.03%

According to GemLife Communities Group's latest financial reports and stock price the company's current Operating Margin is 21.02%. At the end of 2024 the company had an Operating Margin of 21.03%.

Operating Margin history for GemLife Communities Group from 2022 to 2024

Operating Margin at the end of each year

Year Operating Margin Change
202421.03%-1.91%
202321.44%-42.12%
202237.04%

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.