According to Apollo Pipes's latest financial reports and stock price the company's current Operating Margin is 4.55%. At the end of 2022 the company had an Operating Margin of 9.15%.
Year | Operating Margin | Change |
---|---|---|
2022 | 9.15% | -27.35% |
2021 | 12.60% | 16.96% |
2020 | 10.77% | -2.66% |
2019 | 11.07% | -8% |
2018 | 12.03% | 6.02% |
2017 | 11.35% | 18.2% |
2016 | 9.60% | -42.93% |
2015 | 16.82% | -78.03% |
2014 | 76.57% | -2.51% |
2013 | 78.55% | -2.2% |
2012 | 80.31% | 1210.29% |
2011 | 6.13% | 28.12% |
2010 | 4.78% | -995.62% |
2009 | -0.53% |
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.