According to Elis's latest financial reports and stock price the company's current Operating Margin is 8.65%. At the end of 2023 the company had an Operating Margin of 8.65%.
Year | Operating Margin | Change |
---|---|---|
2023 | 8.65% | 17.12% |
2022 | 7.39% | 31.71% |
2021 | 5.61% | 430.05% |
2020 | 1.06% | -81.25% |
2019 | 5.64% | 31.27% |
2018 | 4.30% | 67.2% |
2017 | 2.57% | -70.29% |
2016 | 8.65% | -308.84% |
2015 | -4.14% | 521.75% |
2014 | -0.67% | -81.98% |
2013 | -3.70% | 75.01% |
2012 | -2.11% | -65.72% |
2011 | -6.16% |
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.