GlobalFoundries
GFS
#859
Rank
C$30.98 B
Marketcap
$56.15
Share price
5.67%
Change (1 day)
-28.31%
Change (1 year)

Operating Margin for GlobalFoundries (GFS)

Operating Margin as of September 2024 (TTM): 12.54%

According to GlobalFoundries's latest financial reports and stock price the company's current Operating Margin is 12.54%. At the end of 2022 the company had an Operating Margin of 18.89%.

Operating Margin history for GlobalFoundries from 2021 to 2024

Operating Margin at the end of each year

Year Operating Margin Change
202218.89%-806.95%
2021-2.67%-90.5%
2020-28.14%42.59%
2019-19.73%-53.14%
2018-42.12%

What is a company's Operating Margin

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.