Stingray Group
RAY-A.TO
#7050
Rank
C$0.55 B
Marketcap
$8.15
Share price
-0.85%
Change (1 day)
53.80%
Change (1 year)

Operating Margin for Stingray Group (RAY-A.TO)

Operating Margin as of November 2024 (TTM): 5.78%

According to Stingray Group's latest financial reports and stock price the company's current Operating Margin is 5.78%. At the end of 2024 the company had an Operating Margin of 0.66%.

Operating Margin history for Stingray Group from 2015 to 2024

Operating Margin at the end of each year

Year Operating Margin Change
20240.66%-94.59%
202312.24%-18.2%
202214.97%-39.25%
202124.64%382.48%
20205.11%-171.36%
2019-7.16%-508.12%
20181.75%-75.01%
20177.02%-55.42%
201615.74%93.63%
20158.13%

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.