According to Tabuk Cement Company's latest financial reports and stock price the company's current Operating Margin is 25.22%. At the end of 2023 the company had an Operating Margin of 9.74%.
Year | Operating Margin | Change |
---|---|---|
2023 | 9.74% | 20.16% |
2022 | 8.10% | -18.8% |
2021 | 9.98% | -53.75% |
2020 | 21.58% | 118.9% |
2019 | 9.86% | -115.36% |
2018 | -64.17% | 407.51% |
2017 | -12.64% | -152.72% |
2016 | 23.98% | -30.67% |
2015 | 34.59% | -21.39% |
2014 | 44.01% | -13.39% |
2013 | 50.81% | -3.12% |
2012 | 52.45% | 23.5% |
2011 | 42.47% | -11.1% |
2010 | 47.77% | -2.46% |
2009 | 48.98% | -9.75% |
2008 | 54.27% | -17% |
2007 | 65.39% | 1085.12% |
2006 | 5.52% |
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.