According to Al Moammar Information Systems's latest financial reports and stock price the company's current Operating Margin is 16.38%. At the end of 2023 the company had an Operating Margin of 1.67%.
Year | Operating Margin | Change |
---|---|---|
2023 | 1.67% | -87.48% |
2022 | 13.36% | 31.51% |
2021 | 10.16% | -23.4% |
2020 | 13.26% | 59.37% |
2019 | 8.32% | 4.81% |
2018 | 7.94% |
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.