According to Banca Profilo's latest financial reports and stock price the company's current Operating Margin is 15.91%. At the end of 2023 the company had an Operating Margin of 20.48%.
Year | Operating Margin | Change |
---|---|---|
2023 | 20.48% | -5.34% |
2022 | 21.63% | 13.09% |
2021 | 19.13% | -13.05% |
2020 | 22.00% | 20.08% |
2019 | 18.32% | 549.56% |
2018 | 2.82% | -77.02% |
2017 | 12.28% | 121.21% |
2016 | 5.55% | -60.48% |
2015 | 14.04% | 10.41% |
2014 | 12.72% | 3.63% |
2013 | 12.27% | 64.1% |
2012 | 7.48% | 126.25% |
2011 | 3.31% | -31.2% |
2010 | 4.81% | -114.39% |
2009 | -33.38% | -94.34% |
2008 | -589.47% | -2193.97% |
2007 | 28.15% | -28.57% |
2006 | 39.41% | 29.11% |
2005 | 30.53% | -37.45% |
2004 | 48.80% | 33.98% |
2003 | 36.42% |
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.