Momentum Group AB
MMGR-B.ST
#5935
Rank
C$1.10 B
Marketcap
$22.29
Share price
1.16%
Change (1 day)
69.83%
Change (1 year)

Operating Margin for Momentum Group AB (MMGR-B.ST)

Operating Margin as of November 2024 (TTM): 10.19%

According to Momentum Group AB's latest financial reports and stock price the company's current Operating Margin is 10.19%. At the end of 2023 the company had an Operating Margin of 9.66%.

Operating Margin history for Momentum Group AB from 2021 to 2024

Operating Margin at the end of each year

Year Operating Margin Change
20239.66%-5.09%
202210.18%2.54%
20219.93%-1.99%
202010.13%11.12%
20199.11%

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.