Abacus Storage King
ASK.AX
#5582
Rank
ยฃ0.74 B
Marketcap
ยฃ0.57
Share price
0.43%
Change (1 day)
-12.24%
Change (1 year)

Operating Margin for Abacus Storage King (ASK.AX)

Operating Margin at the end of 2024: 72.93%

According to Abacus Storage King's latest financial reports and stock price the company's current Operating Margin is 72.93%. At the end of 2024 the company had an Operating Margin of 72.93%.

Operating Margin history for Abacus Storage King from 2021 to 2024

Operating Margin at the end of each year

Year Operating Margin Change
202472.93%
202238.96%-0.7%
202139.23%

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.