Fortum
FORTUM.HE
#1305
Rank
ยฃ10.72 B
Marketcap
ยฃ11.96
Share price
0.57%
Change (1 day)
11.69%
Change (1 year)

Operating Margin for Fortum (FORTUM.HE)

Operating Margin as of September 2024 (TTM): 28.02%

According to Fortum's latest financial reports and stock price the company's current Operating Margin is 28.02%. At the end of 2023 the company had an Operating Margin of 23.59%.

Operating Margin history for Fortum from 2009 to 2024

Operating Margin at the end of each year

Year Operating Margin Change
202323.59%17.25%
202220.12%-70.18%
202167.46%1403.56%
20204.49%-85.86%
201931.72%59.87%
201819.84%-19.23%
201724.57%50.01%
201616.38%-285.74%
2015-8.82%-129.26%
201430.14%14.45%
201326.33%2.26%
201225.75%-28.79%
201136.16%43.4%
201025.22%-14.93%
200929.64%-6.01%
200831.54%-20.55%
200739.70%25.46%
200631.64%-3.18%
200532.68%30.28%
200425.08%141.36%
200310.39%14.94%
20029.04%34.08%
20016.74%

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.