According to Saudi Company for Hardware (SACO)'s latest financial reports and stock price the company's current Operating Margin is -1.87%. At the end of 2023 the company had an Operating Margin of -7.10%.
Year | Operating Margin | Change |
---|---|---|
2023 | -7.10% | -37.66% |
2022 | -11.39% | 754.79% |
2021 | -1.33% | -119.37% |
2020 | 6.88% | 37.22% |
2019 | 5.01% | -36.27% |
2018 | 7.87% | -21.18% |
2017 | 9.98% | -5.03% |
2016 | 10.51% | -0.24% |
2015 | 10.54% | -2.81% |
2014 | 10.84% |
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.