Hemnet Group AB
HEM.ST
#3704
Rank
$2.78 B
Marketcap
$29.07
Share price
-0.50%
Change (1 day)
33.95%
Change (1 year)

Operating Margin for Hemnet Group AB (HEM.ST)

Operating Margin as of November 2024 (TTM): 46.33%

According to Hemnet Group AB's latest financial reports and stock price the company's current Operating Margin is 46.33%. At the end of 2023 the company had an Operating Margin of 42.54%.

Operating Margin history for Hemnet Group AB from 2021 to 2024

Operating Margin at the end of each year

Year Operating Margin Change
202342.54%2.04%
202241.69%53.23%
202127.21%70.55%
202015.95%-15.24%
201918.82%47.23%
201812.78%

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.