According to Al Jouf Cement Company's latest financial reports and stock price the company's current Operating Margin is -21.88%. At the end of 2023 the company had an Operating Margin of 25.22%.
Year | Operating Margin | Change |
---|---|---|
2023 | 25.22% | 73.48% |
2022 | 14.54% | -136.85% |
2021 | -39.46% | 47.15% |
2020 | -26.81% | -517.26% |
2019 | 6.43% | -125.53% |
2018 | -25.18% | -224.14% |
2017 | 20.28% | -24.3% |
2016 | 26.79% | -0.3% |
2015 | 26.87% | 2.59% |
2014 | 26.19% | 20.52% |
2013 | 21.73% | -36.8% |
2012 | 34.38% | 21.04% |
2011 | 28.41% | 72.7% |
2010 | 16.45% | -100.16% |
2009 | -10,118.95% | -14682.49% |
2008 | 69.39% |
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.