Pilbara Minerals
PLS.AX
#2387
Rank
โ‚ฌ5.88 B
Marketcap
1,96ย โ‚ฌ
Share price
2.57%
Change (1 day)
-5.31%
Change (1 year)

Operating Margin for Pilbara Minerals (PLS.AX)

Operating Margin at the end of 2023: 78.13%

According to Pilbara Minerals's latest financial reports and stock price the company's current Operating Margin is 78.12%. At the end of 2023 the company had an Operating Margin of 78.13%.

Operating Margin history for Pilbara Minerals from 2018 to 2023

Operating Margin at the end of each year

Year Operating Margin Change
202378.13%25.24%
202262.38%-299.42%
2021-31.28%-73.11%
2020-116.31%72%
2019-67.62%-64.52%
2018-190.57%

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.