Volvo Car
VOLCAR-B.ST
#2387
Rank
S$8.42 B
Marketcap
$2.83
Share price
-0.98%
Change (1 day)
-39.80%
Change (1 year)

Operating Margin for Volvo Car (VOLCAR-B.ST)

Operating Margin as of November 2024 (TTM): 6.12%

According to Volvo Car's latest financial reports and stock price the company's current Operating Margin is 6.12%. At the end of 2023 the company had an Operating Margin of 5.22%.

Operating Margin history for Volvo Car from 2021 to 2024

Operating Margin at the end of each year

Year Operating Margin Change
20235.22%-17.15%
20226.30%-5.21%
20216.65%83.14%
20203.63%-24.39%
20194.80%-6.04%
20185.11%

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.