Formosa Plastics
1301.TW
$2.08
Share price
0.90%
Change (1 day)
-31.48%
Change (1 year)
Categories
Operating Margin for Formosa Plastics (1301.TW)
Operating Margin as of May 2024 (TTM): 1.86%
According to Formosa Plastics's latest financial reports and stock price the company's current Operating Margin is 1.86%. At the end of 2022 the company had an Operating Margin of 17.40%.
Operating Margin history for Formosa Plastics from 2010 to 2023
Operating Margin at the end of each year
| Year | Operating Margin | Change |
|---|---|---|
| 2022 | 17.40% | -44.61% |
| 2021 | 31.42% | 141.56% |
| 2020 | 13.01% | -35.97% |
| 2019 | 20.31% | -18.04% |
| 2018 | 24.78% | -6.69% |
| 2017 | 26.56% | 9.23% |
| 2016 | 24.32% | 32.73% |
| 2015 | 18.32% | 93.09% |
| 2014 | 9.49% | -11.76% |
| 2013 | 10.75% | 25.94% |
| 2012 | 8.54% | -54.74% |
| 2011 | 18.86% | -17.65% |
| 2010 | 22.90% | 39.16% |
| 2009 | 16.46% | 81.66% |
| 2008 | 9.06% | -65.4% |
| 2007 | 26.18% | 26.66% |
| 2006 | 20.67% |
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.