According to Jeju Air 's latest financial reports and stock price the company's current Operating Margin is 7.21%. At the end of 2022 the company had an Operating Margin of -30.92%.
Year | Operating Margin | Change |
---|---|---|
2022 | -30.92% | -76.2% |
2021 | -129.91% | 20.92% |
2020 | -107.43% | 3031.89% |
2019 | -3.43% | -146.29% |
2018 | 7.41% | -27.04% |
2017 | 10.16% | 10.4% |
2016 | 9.20% | 5.55% |
2015 | 8.72% | 39.06% |
2014 | 6.27% |
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.