Neste
NESTE.HE
#1294
Rank
A$21.34 B
Marketcap
$27.79
Share price
-0.45%
Change (1 day)
-52.93%
Change (1 year)

Operating Margin for Neste (NESTE.HE)

Operating Margin as of September 2024 (TTM): 5.42%

According to Neste's latest financial reports and stock price the company's current Operating Margin is 5.42%. At the end of 2023 the company had an Operating Margin of 6.96%.

Operating Margin history for Neste from 2009 to 2024

Operating Margin at the end of each year

Year Operating Margin Change
20236.96%-21.48%
20228.87%-31.55%
202112.95%93.64%
20206.69%-48.47%
201912.98%104.48%
20186.35%-23.31%
20178.28%-10.01%
20169.20%61.48%
20155.70%996.22%
20140.52%-84.03%
20133.25%149.36%
20121.31%-2.31%
20111.34%-46.33%
20102.49%-18.97%
20093.07%258.21%
20080.86%-86.37%
20076.29%-4.76%
20066.60%-19.96%
20058.25%
200310.39%14.94%
20029.04%

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.