Mips AB
MIPS.ST
#4910
Rank
โ‚น118.22 B
Marketcap
โ‚น4,463
Share price
3.40%
Change (1 day)
78.87%
Change (1 year)

Operating Margin for Mips AB (MIPS.ST)

Operating Margin as of September 2024 (TTM): 27.93%

According to Mips AB's latest financial reports and stock price the company's current Operating Margin is 27.93%. At the end of 2023 the company had an Operating Margin of 23.53%.

Operating Margin history for Mips AB from 2016 to 2024

Operating Margin at the end of each year

Year Operating Margin Change
202323.53%-40.6%
202239.61%-26.58%
202153.95%19.34%
202045.21%12.18%
201940.30%6.52%
201837.83%132.94%
201716.24%-25.11%
201621.69%264.93%
20155.94%-106.68%
2014-88.91%

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.