Abacus Life
ABL
#6246
Rank
C$0.91 B
Marketcap
$12.19
Share price
-1.69%
Change (1 day)
37.05%
Change (1 year)

Operating Margin for Abacus Life (ABL)

Operating Margin as of November 2024 (TTM): 15.78%

According to Abacus Life's latest financial reports and stock price the company's current Operating Margin is 15.78%. At the end of 2022 the company had an Operating Margin of -0.20%.

Operating Margin history for Abacus Life from 2022 to 2024

Operating Margin at the end of each year

Year Operating Margin Change
2022-0.20%-104.53%
20214.42%-15.97%
20205.26%

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.