Turbo Energy
TURB
#9777
Rank
C$26.55 M
Marketcap
$2.41
Share price
3.54%
Change (1 day)
7.35%
Change (1 year)

Operating Margin for Turbo Energy (TURB)

Operating Margin at the end of 2022: 5.47%

According to Turbo Energy's latest financial reports and stock price the company's current Operating Margin is 5.47%. At the end of 2022 the company had an Operating Margin of 5.47%.

Operating Margin history for Turbo Energy from 2021 to 2022

Operating Margin at the end of each year

Year Operating Margin Change
20225.47%92.94%
20212.84%

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.