Westgold Resources Limited
WGX.AX
#4580
Rank
C$2.45 B
Marketcap
$2.60
Share price
-2.69%
Change (1 day)
36.93%
Change (1 year)

Operating Margin for Westgold Resources Limited (WGX.AX)

Operating Margin at the end of 2023: 2.13%

According to Westgold Resources Limited's latest financial reports and stock price the company's current Operating Margin is 2.13%. At the end of 2023 the company had an Operating Margin of 2.13%.

Operating Margin history for Westgold Resources Limited from 2017 to 2023

Operating Margin at the end of each year

Year Operating Margin Change
20232.13%-108.62%
2022-24.72%-226.19%
202119.59%119.86%
20208.91%193.95%
20193.03%-120.59%
2018-14.72%-361.35%
20175.63%

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.