HomeCo Daily Needs REIT
HDN.AX
#4788
Rank
C$2.22 B
Marketcap
$1.07
Share price
0.60%
Change (1 day)
-2.72%
Change (1 year)

Operating Margin for HomeCo Daily Needs REIT (HDN.AX)

Operating Margin at the end of 2023: 29.43%

According to HomeCo Daily Needs REIT's latest financial reports and stock price the company's current Operating Margin is 29.42%. At the end of 2023 the company had an Operating Margin of 29.43%.

Operating Margin history for HomeCo Daily Needs REIT from 2022 to 2023

Operating Margin at the end of each year

Year Operating Margin Change
202329.43%-82.59%
2022168.99%

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.