Contact Energy
CEN.NZ
#3086
Rank
โ‚ฌ3.82 B
Marketcap
4,79ย โ‚ฌ
Share price
1.18%
Change (1 day)
12.31%
Change (1 year)
Contact Energy Ltd. is a leading power generation and utility company based in Harbor City Tower in Wellington, New Zealand. The company provides around a quarter of the total electricity supply of New Zealand and almost half of the gas supply.

Operating Margin for Contact Energy (CEN.NZ)

Operating Margin at the end of 2023: 8.42%

According to Contact Energy 's latest financial reports and stock price the company's current Operating Margin is 8.42%. At the end of 2023 the company had an Operating Margin of 8.42%.

Operating Margin history for Contact Energy from 2002 to 2023

Operating Margin at the end of each year

Year Operating Margin Change
20238.42%-20.95%
202210.66%4.65%
202110.18%23.15%
20208.27%-15.41%
20199.78%37.55%
20187.11%-29.58%
201710.09%-306.31%
2016-4.89%-173.28%
20156.67%-51.28%
201413.70%30.45%
201310.50%10.08%
20129.54%0.06%
20119.54%-1.76%
20109.71%31.53%
20097.38%-40.59%
200812.42%-32.54%
200718.41%6.09%
200617.36%
200420.12%39.58%
200314.42%-6.55%
200215.43%

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.