Codere Online Luxembourg, S.A Operating Margin Growth & History (CDRO)

Codere Online Luxembourg, S.A's operating margin was 2.16% for fiscal 2024.

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Codere Online Luxembourg, S.A annual operating margin history

Codere Online Luxembourg, S.A annual operating margin

Fiscal yearPeriod endedOperating marginChange (percentage points)
20242024-12-312.16%+11.29 pp
20232023-12-31−9.13%+39.15 pp
20222022-12-31−48.27%+40.23 pp
20212021-12-31−88.51%−68.29 pp
20202020-12-31−20.21%+5.57 pp
20192019-12-31−25.78%

Codere Online Luxembourg, S.A operating margin trends

Over the last five reported fiscal years, Codere Online Luxembourg, S.A's operating margin increased from −25.78% to 2.16%, a change of +27.94 percentage points.

About the metric

What operating margin means

Operating margin measures the percentage of revenue left after operating costs and expenses. It shows how much operating profit a company generates from each dollar of revenue.

Calculation and source

How operating margin is calculated

TickerStat calculates operating margin as SEC-reported operating income divided by SEC-reported revenue for the same fiscal period. Changes are shown in percentage points. Fiscal periods can differ from calendar years, so exact period-end dates are included.

Review Codere Online Luxembourg, S.A filings at SEC.gov ↗