Abacus Storage King
ASK.AX
#5638
Rank
A$1.51 B
Marketcap
$1.15
Share price
-1.71%
Change (1 day)
4.22%
Change (1 year)

Operating Margin for Abacus Storage King (ASK.AX)

Operating Margin at the end of 2022: 43.03%

According to Abacus Storage King's latest financial reports and stock price the company's current Operating Margin is 43.03%. At the end of 2022 the company had an Operating Margin of 43.03%.

Operating Margin history for Abacus Storage King from 2021 to 2022

Operating Margin at the end of each year

Year Operating Margin Change
202243.03%0.41%
202142.86%

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.