According to EL.En. S.p.A. (Elen Group)'s latest financial reports and stock price the company's current Operating Margin is 11.44%. At the end of 2023 the company had an Operating Margin of 10.28%.
Year | Operating Margin | Change |
---|---|---|
2023 | 10.28% | -12.38% |
2022 | 11.73% | 0.88% |
2021 | 11.62% | 69.88% |
2020 | 6.84% | -29.04% |
2019 | 9.64% | 12.93% |
2018 | 8.54% | -3.86% |
2017 | 8.88% | -57.44% |
2016 | 20.87% | 96.53% |
2015 | 10.62% | -21.69% |
2014 | 13.56% | 99.55% |
2013 | 6.80% | 68.68% |
2012 | 4.03% | 16.14% |
2011 | 3.47% | 40.41% |
2010 | 2.47% | -129.87% |
2009 | -8.27% | -183% |
2008 | 9.96% | -45.55% |
2007 | 18.30% | 363.07% |
2006 | 3.95% | -84.68% |
2005 | 25.79% | 173.28% |
2004 | 9.44% | 210.93% |
2003 | 3.04% |
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.