Indonesia Energy
INDO
#9766
Rank
$34.54 M
Marketcap
$2.54
Share price
-2.31%
Change (1 day)
17.59%
Change (1 year)

Operating Margin for Indonesia Energy (INDO)

Operating Margin at the end of 2023: -74.96%

According to Indonesia Energy's latest financial reports and stock price the company's current Operating Margin is -74.96%. At the end of 2023 the company had an Operating Margin of -74.96%.

Operating Margin history for Indonesia Energy from 2017 to 2023

Operating Margin at the end of each year

Year Operating Margin Change
2023-74.96%-1.64%
2022-76.21%-69.28%
2021-248.04%-29.32%
2020-350.96%777.19%
2019-40.01%-1761.91%
20182.41%-105.51%
2017-43.71%

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.