According to Becamex (Investment and Industrial Development Corporation)'s latest financial reports and stock price the company's current Operating Margin is 34.21%. At the end of 2023 the company had an Operating Margin of 34.22%.
Year | Operating Margin | Change |
---|---|---|
2023 | 34.22% | 15.09% |
2022 | 29.73% | 15.92% |
2021 | 25.65% | -35.82% |
2020 | 39.96% | 10.1% |
2019 | 36.30% |
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.