Indorama Ventures
IVL.BK
$0.65
Share price
-1.65%
Change (1 day)
-29.71%
Change (1 year)
Categories
Indorama Ventures is a Thai chemical company that mainly produces polyester. The products include PET bottles, polyester fibers and yarns, wool yarns and the polyester precursors ethylene oxide and terephthalic acid.
Operating Margin for Indorama Ventures (IVL.BK)
Operating Margin as of May 2024 (TTM): 3.37%
According to Indorama Ventures 's latest financial reports and stock price the company's current Operating Margin is 3.37%. At the end of 2022 the company had an Operating Margin of 7.71%.
Operating Margin history for Indorama Ventures from 2009 to 2023
Operating Margin at the end of each year
| Year | Operating Margin | Change |
|---|---|---|
| 2022 | 7.71% | -14.23% |
| 2021 | 8.99% | 222.82% |
| 2020 | 2.78% | -14.7% |
| 2019 | 3.26% | -67.03% |
| 2018 | 9.90% | 20.43% |
| 2017 | 8.22% | -7.55% |
| 2016 | 8.89% | 68.03% |
| 2015 | 5.29% | 86.02% |
| 2014 | 2.85% | -1.55% |
| 2013 | 2.89% | -31.15% |
| 2012 | 4.20% | -57.87% |
| 2011 | 9.96% | -23.74% |
| 2010 | 13.07% | 29.28% |
| 2009 | 10.11% | 23.2% |
| 2008 | 8.20% |
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.