TECOM Group
TECOM.AE
#3009
Rank
โ‚ฌ4.06 B
Marketcap
0,81ย โ‚ฌ
Share price
-0.63%
Change (1 day)
23.60%
Change (1 year)

Operating Margin for TECOM Group (TECOM.AE)

Operating Margin as of November 2024 (TTM): 54.92%

According to TECOM Group's latest financial reports and stock price the company's current Operating Margin is 54.92%. At the end of 2023 the company had an Operating Margin of 64.73%.

Operating Margin history for TECOM Group from 2022 to 2024

Operating Margin at the end of each year

Year Operating Margin Change
202364.73%31.95%
202249.06%6.03%
202146.27%-4.1%
202048.25%-3.19%
201949.84%

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.