According to CGN Mining Company's latest financial reports and stock price the company's current Operating Margin is 7.59%. At the end of 2023 the company had an Operating Margin of 7.60%.
Year | Operating Margin | Change |
---|---|---|
2023 | 7.60% | -51.12% |
2022 | 15.54% | 205.2% |
2021 | 5.09% | -19% |
2020 | 6.29% | -25.88% |
2019 | 8.48% | -1.83% |
2018 | 8.64% | -52.45% |
2017 | 18.17% | -72.28% |
2016 | 65.55% | 82.04% |
2015 | 36.01% | 392.24% |
2014 | 7.31% | 76.43% |
2013 | 4.15% | -27.54% |
2012 | 5.72% | -109.08% |
2011 | -63.01% | -496.38% |
2010 | 15.90% | -11.03% |
2009 | 17.87% | 53.11% |
2008 | 11.67% | -8.85% |
2007 | 12.80% | 32.65% |
2006 | 9.65% | 62.72% |
2005 | 5.93% |
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.