Al Ramz Corporation Investment and Development
ALRAMZ.AE
#7827
Rank
โ‚ฌ0.21 B
Marketcap
0,39ย โ‚ฌ
Share price
9.49%
Change (1 day)
4.11%
Change (1 year)

Operating Margin for Al Ramz Corporation Investment and Development (ALRAMZ.AE)

Operating Margin as of November 2024 (TTM): 26.03%

According to Al Ramz Corporation Investment and Development's latest financial reports and stock price the company's current Operating Margin is 26.03%. At the end of 2023 the company had an Operating Margin of 49.14%.

Operating Margin history for Al Ramz Corporation Investment and Development from 2016 to 2024

Operating Margin at the end of each year

Year Operating Margin Change
202349.14%49.41%
202232.89%-40.95%
202155.70%-1824.65%
2020-3.23%-112.57%
201925.70%23.86%
201820.75%-69.62%
201768.30%14.04%
201659.89%6.44%
201556.26%

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.