According to Medgulf (The Mediterranean and Gulf Cooperative Insurance and Reinsurance Company)'s latest financial reports and stock price the company's current Operating Margin is 4.47%. At the end of 2022 the company had an Operating Margin of -14.78%.
Year | Operating Margin | Change |
---|---|---|
2022 | -14.78% | 89.58% |
2021 | -7.80% | -339.82% |
2020 | 3.25% | 260.34% |
2019 | 0.90% | -108.22% |
2018 | -10.97% | -30.81% |
2017 | -15.86% | -780.78% |
2016 | 2.33% | -132.28% |
2015 | -7.22% | -221.74% |
2014 | 5.93% | -185.12% |
2013 | -6.96% | -180.88% |
2012 | 8.61% | -27.8% |
2011 | 11.92% | |
2009 | 4.36% | 280.77% |
2008 | 1.14% | -95.97% |
2007 | 28.38% |
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.