The Platform Group
TPG.F
#8316
Rank
A$0.23 B
Marketcap
$11.82
Share price
-1.07%
Change (1 day)
34.43%
Change (1 year)

Operating Margin for The Platform Group (TPG.F)

Operating Margin at the end of 2023: 7.52%

According to The Platform Group's latest financial reports and stock price the company's current Operating Margin is 7.51%. At the end of 2023 the company had an Operating Margin of 7.52%.

Operating Margin history for The Platform Group from 2016 to 2023

Operating Margin at the end of each year

Year Operating Margin Change
20237.52%43.92%
20225.22%-460.76%
2021-1.45%-145.36%
20203.19%-41.33%
20195.44%204.9%
20181.78%274.72%
20170.48%-118.7%
2016-2.55%

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.