According to United Development Company's latest financial reports and stock price the company's current Operating Margin is 20.69%. At the end of 2023 the company had an Operating Margin of 32.95%.
Year | Operating Margin | Change |
---|---|---|
2023 | 32.95% | 6.73% |
2022 | 30.87% | 31.06% |
2021 | 23.56% | -28.91% |
2020 | 33.14% | -4.79% |
2019 | 34.80% | -21.48% |
2018 | 44.33% | 14.04% |
2017 | 38.87% | 15.6% |
2016 | 33.62% | -43.95% |
2015 | 59.99% | 38.75% |
2014 | 43.24% | 82.45% |
2013 | 23.70% | -30.65% |
2012 | 34.17% | -82.6% |
2011 | 196.43% | 338.79% |
2010 | 44.77% | 30.18% |
2009 | 34.39% | 614.67% |
2008 | 4.81% | |
2006 | -0.90% |
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.