According to Globant's latest financial reports and stock price the company's current Operating Margin is 11.22%. At the end of 2022 the company had an Operating Margin of 10.83%.
Year | Operating Margin | Change |
---|---|---|
2022 | 10.83% | 12.56% |
2021 | 9.63% | 2.41% |
2020 | 9.40% | -10.23% |
2019 | 10.47% | -18.94% |
2018 | 12.92% | 36.04% |
2017 | 9.49% | -40.12% |
2016 | 15.86% | -19.58% |
2015 | 19.72% | 15.09% |
2014 | 17.13% | 37.13% |
2013 | 12.49% | -1201.71% |
2012 | -1.13% | -111.64% |
2011 | 9.74% |
Company | Operating Margin | Operating Margin differencediff. | Country |
---|---|---|---|
Workiva
WK | -17.46% | -255.61% | ๐บ๐ธ USA |
SPS Commerce
SPSC | 14.70% | 31.02% | ๐บ๐ธ USA |
Qualys QLYS | 27.89% | 148.57% | ๐บ๐ธ USA |
Castlight Health
CSLT | -6.17% | -154.97% | ๐บ๐ธ USA |
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.