According to Addiko Bank 's latest financial reports and stock price the company's current Operating Margin is 15.86%. At the end of 2023 the company had an Operating Margin of 15.87%.
Year | Operating Margin | Change |
---|---|---|
2023 | 15.87% | 29.54% |
2022 | 12.25% | 45.94% |
2021 | 8.39% | 233.76% |
2020 | 2.51% | -82.26% |
2019 | 14.18% | -57.18% |
2018 | 33.11% | 267.7% |
2017 | 9.00% | -209.64% |
2016 | -8.21% | -97.27% |
2015 | -301.01% | 809.23% |
2014 | -33.11% | -67.32% |
2013 | -101.31% |
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.