IGO Limited
IGO.AX
#3882
Rank
C$3.51 B
Marketcap
$4.63
Share price
-2.12%
Change (1 day)
-43.64%
Change (1 year)

Operating Margin for IGO Limited (IGO.AX)

Operating Margin at the end of 2023: 68.65%

According to IGO Limited's latest financial reports and stock price the company's current Operating Margin is 68.65%. At the end of 2023 the company had an Operating Margin of 68.65%.

Operating Margin history for IGO Limited from 2002 to 2023

Operating Margin at the end of each year

Year Operating Margin Change
202368.65%23.83%
202255.44%88.84%
202129.36%14.54%
202025.63%82.46%
201914.05%19.83%
201811.72%85.84%
20176.31%-143.9%
2016-14.37%-163.58%
201522.60%23.16%
201418.35%40%
201313.11%-107.38%
2012-177.52%-1069.12%
201118.32%-49.52%
201036.28%35.93%
200926.69%-50.52%
200853.95%-20.52%
200767.87%50.34%
200645.15%21.5%
200537.16%-4.99%
200439.11%296.01%
20039.88%-100.02%
2002-50,288.29%

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.