Netwealth
NWL.AX
#2841
Rank
โ‚ฌ4.48 B
Marketcap
18,33ย โ‚ฌ
Share price
0.03%
Change (1 day)
118.03%
Change (1 year)

Operating Margin for Netwealth (NWL.AX)

Operating Margin at the end of 2023: 45.87%

According to Netwealth's latest financial reports and stock price the company's current Operating Margin is 45.87%. At the end of 2023 the company had an Operating Margin of 45.87%.

Operating Margin history for Netwealth from 2018 to 2023

Operating Margin at the end of each year

Year Operating Margin Change
202345.87%-4.12%
202247.84%-12.05%
202154.39%5.2%
202051.71%-0.5%
201951.97%45.04%
201835.83%

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.