According to Arabian Internet and Communications Services's latest financial reports and stock price the company's current Operating Margin is 14.37%. At the end of 2022 the company had an Operating Margin of 13.30%.
Year | Operating Margin | Change |
---|---|---|
2022 | 13.30% | 15.03% |
2021 | 11.57% | 5.75% |
2020 | 10.94% |
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.