According to Corpay's latest financial reports and stock price the company's current Operating Margin is 34.84%. At the end of 2024 the company had an Operating Margin of 34.85%.
Year | Operating Margin | Change |
---|---|---|
2024 | 34.85% | -1.17% |
2023 | 35.26% | -5.27% |
2022 | 37.22% | -4.87% |
2021 | 39.13% | 5.92% |
2020 | 36.94% | -9.21% |
2019 | 40.69% | -9.58% |
2018 | 45.00% | 13.29% |
2017 | 39.72% | 13.16% |
2016 | 35.10% | 11.52% |
2015 | 31.48% | -26.4% |
2014 | 42.77% | -5.14% |
2013 | 45.08% | 2.63% |
2012 | 43.93% | 8.23% |
2011 | 40.59% | 16.39% |
2010 | 34.87% | -4.74% |
2009 | 36.61% | -7.3% |
2008 | 39.49% |
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.