Garo Aktiebolag
GARO.ST
#8432
Rank
HK$0.83 B
Marketcap
HK$16.72
Share price
1.14%
Change (1 day)
-41.26%
Change (1 year)

Operating Margin for Garo Aktiebolag (GARO.ST)

Operating Margin as of September 2024 (TTM): 0.32%

According to Garo Aktiebolag's latest financial reports and stock price the company's current Operating Margin is 0.32%. At the end of 2023 the company had an Operating Margin of 3.49%.

Operating Margin history for Garo Aktiebolag from 2015 to 2024

Operating Margin at the end of each year

Year Operating Margin Change
20233.49%-68.37%
202211.03%-31.4%
202116.08%35.85%
202011.84%8.4%
201910.92%-6.62%
201811.70%-2.92%
201712.05%8.86%
201611.07%3.41%
201510.70%28.11%
20148.35%50.26%
20135.56%

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.