According to Siemens Energy's latest financial reports and stock price the company's current Operating Margin is -6.63%. At the end of 2022 the company had an Operating Margin of -1.79%.
Year | Operating Margin | Change |
---|---|---|
2022 | -1.79% | 9.42% |
2021 | -1.63% | -79% |
2020 | -7.78% | -806.37% |
2019 | 1.10% | 104.29% |
2018 | 0.54% | -87.62% |
2017 | 4.35% |
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.