According to Ringmetall's latest financial reports and stock price the company's current Operating Margin is 5.29%. At the end of 2023 the company had an Operating Margin of 5.29%.
Year | Operating Margin | Change |
---|---|---|
2023 | 5.29% | -45.04% |
2022 | 9.63% | -15.07% |
2021 | 11.34% | 212.44% |
2020 | 3.63% | 13.36% |
2019 | 3.20% | -53.78% |
2018 | 6.92% | -20.69% |
2017 | 8.73% | 7.62% |
2016 | 8.11% | 653.21% |
2015 | 1.08% | -69.78% |
2014 | 3.56% | -2429.11% |
2013 | -0.15% | -114.36% |
2012 | 1.07% | -75.68% |
2011 | 4.38% | -19.83% |
2010 | 5.47% | -171.89% |
2009 | -7.60% | 669.87% |
2008 | -0.99% | -162.65% |
2007 | 1.58% | -69.32% |
2006 | 5.14% |
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.