OFX Group
OFX.AX
#7999
Rank
โ‚ฌ0.20 B
Marketcap
0,87ย โ‚ฌ
Share price
1.76%
Change (1 day)
-1.35%
Change (1 year)

Operating Margin for OFX Group (OFX.AX)

Operating Margin at the end of 2024: 16.62%

According to OFX Group's latest financial reports and stock price the company's current Operating Margin is 16.61%. At the end of 2024 the company had an Operating Margin of 16.62%.

Operating Margin history for OFX Group from 2014 to 2024

Operating Margin at the end of each year

Year Operating Margin Change
202416.62%-0.29%
202316.66%-17.99%
202220.32%67.03%
202112.16%-32.59%
202018.05%5.23%
201917.15%-18.04%
201820.93%-0.49%
201721.03%-26.42%
201628.58%-19.45%
201535.48%24.4%
201428.52%

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.