Hagar hf.
HAGA.IC
#6047
Rank
โ‚น62.53 B
Marketcap
โ‚น57.67
Share price
-1.04%
Change (1 day)
41.26%
Change (1 year)

Operating Margin for Hagar hf. (HAGA.IC)

Operating Margin as of November 2024 (TTM): 3.35%

According to Hagar hf.'s latest financial reports and stock price the company's current Operating Margin is 3.35%. At the end of 2023 the company had an Operating Margin of 5.04%.

Operating Margin history for Hagar hf. from 2011 to 2024

Operating Margin at the end of each year

Year Operating Margin Change
20235.04%5.88%
20224.76%24.37%
20213.83%-15.67%
20204.54%16.96%
20193.88%-10.13%
20184.32%-34.97%
20176.64%7.41%
20166.18%-8.14%
20156.73%-6.28%
20147.18%15.54%
20136.21%9.34%
20125.68%20.09%
20114.73%-2.16%
20104.84%

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.