Air Busan
298690.KS
#8006
Rank
$0.19 B
Marketcap
$1.68
Share price
0.00%
Change (1 day)
-27.72%
Change (1 year)

Operating Margin for Air Busan (298690.KS)

Operating Margin as of November 2024 (TTM): 16.88%

According to Air Busan 's latest financial reports and stock price the company's current Operating Margin is 16.88%. At the end of 2022 the company had an Operating Margin of -37.81%.

Operating Margin history for Air Busan from 2018 to 2024

Operating Margin at the end of each year

Year Operating Margin Change
2022-37.81%-81.07%
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.