According to O-I Glass 's latest financial reports and stock price the company's current Operating Margin is 0.94%. At the end of 2023 the company had an Operating Margin of 0.94%.
Year | Operating Margin | Change |
---|---|---|
2023 | 0.94% | -91.97% |
2022 | 11.74% | 124.82% |
2021 | 5.22% | -9.88% |
2020 | 5.80% | -248.57% |
2019 | -3.90% | -196.84% |
2018 | 4.03% | 0.61% |
2017 | 4.00% | -24.63% |
2016 | 5.31% | 22.01% |
2015 | 4.35% | -3.8% |
2014 | 4.53% | -32.63% |
2013 | 6.72% | 43.36% |
2012 | 4.69% | -187.06% |
2011 | -5.38% | -183.8% |
2010 | 6.42% | 98.71% |
2009 | 3.23% | -54.36% |
2008 | 7.08% | 5.78% |
2007 | 6.70% | 170.36% |
2006 | 2.48% | -175.13% |
2005 | -3.30% | -197.49% |
2004 | 3.38% | -139.1% |
2003 | -8.65% | 1931.33% |
2002 | -0.43% | -103.97% |
2001 | 10.73% |
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.