Purmo Group
PURMO.HE
#6677
Rank
$0.50 B
Marketcap
$11.86
Share price
-1.32%
Change (1 day)
74.09%
Change (1 year)

Operating Margin for Purmo Group (PURMO.HE)

Operating Margin as of November 2024 (TTM): -3.02%

According to Purmo Group's latest financial reports and stock price the company's current Operating Margin is -3.02%. At the end of 2023 the company had an Operating Margin of 2.14%.

Operating Margin history for Purmo Group from 2021 to 2024

Operating Margin at the end of each year

Year Operating Margin Change
20232.14%-51.03%
20224.37%1947.6%
20210.21%-96.68%
20206.44%

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.