According to Abdullah Saad Mohammed Abo Moati for Bookstores Company's latest financial reports and stock price the company's current Operating Margin is 10.99%. At the end of 2024 the company had an Operating Margin of 10.80%.
Year | Operating Margin | Change |
---|---|---|
2024 | 10.80% | 66.12% |
2023 | 6.50% | -2.82% |
2022 | 6.69% | 81.38% |
2021 | 3.69% | -33.58% |
2020 | 5.55% | -14.82% |
2019 | 6.52% | -4.17% |
2018 | 6.80% | 16.44% |
2017 | 5.84% | 19.02% |
2016 | 4.91% |
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.