Abacus Storage King
ASK.AX
#5585
Rank
โ‚ฌ0.87 B
Marketcap
0,67ย โ‚ฌ
Share price
-0.43%
Change (1 day)
-11.85%
Change (1 year)

Operating Margin for Abacus Storage King (ASK.AX)

Operating Margin at the end of 2024: 72.93%

According to Abacus Storage King's latest financial reports and stock price the company's current Operating Margin is 72.93%. At the end of 2024 the company had an Operating Margin of 72.93%.

Operating Margin history for Abacus Storage King from 2021 to 2024

Operating Margin at the end of each year

Year Operating Margin Change
202472.93%
202238.96%-0.7%
202139.23%

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.