Argo Investments
ARG.AX
#2905
Rank
ยฃ3.46 B
Marketcap
ยฃ4.54
Share price
0.11%
Change (1 day)
-1.05%
Change (1 year)

Operating Margin for Argo Investments (ARG.AX)

Operating Margin at the end of 2023: 98.99%

According to Argo Investments's latest financial reports and stock price the company's current Operating Margin is 98.98%. At the end of 2023 the company had an Operating Margin of 98.99%.

Operating Margin history for Argo Investments from 2001 to 2023

Operating Margin at the end of each year

Year Operating Margin Change
202398.99%0.13%
202298.86%2.1%
202196.82%-0.47%
202097.28%-0.74%
201998.01%0.5%
201897.52%-0.18%
201797.70%1.09%
201696.65%-0.2%
201596.84%-0.36%
201497.19%0.97%
201396.26%-0.15%
201296.41%0.13%
201196.28%-0.11%
201096.38%-199.89%
2009-96.49%-198.01%
200898.46%0.9%
200797.58%0.25%
200697.34%-0.07%
200597.40%1.25%
200496.20%-0.23%
200396.42%-1.1%
200297.49%1%
200196.52%

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.