According to Tecnoglass's latest financial reports and stock price the company's current Operating Margin is 25.68%. At the end of 2023 the company had an Operating Margin of 31.37%.
Year | Operating Margin | Change |
---|---|---|
2023 | 31.37% | -2.75% |
2022 | 32.26% | 65.37% |
2021 | 19.51% | 99.24% |
2020 | 9.79% | 13.43% |
2019 | 8.63% | 121.43% |
2018 | 3.90% | 6.43% |
2017 | 3.66% | -71.54% |
2016 | 12.87% | 222.34% |
2015 | 3.99% | -56.32% |
2014 | 9.14% | -45.97% |
2013 | 16.92% | 141.88% |
2012 | 6.99% |
Company | Operating Margin | Operating Margin differencediff. | Country |
---|---|---|---|
![]() | 3.87% | -84.93% | ๐บ๐ธ USA |
![]() | 7.07% | -72.47% | ๐บ๐ธ USA |
![]() | 11.68% | -54.52% | ๐บ๐ธ USA |
![]() | 5.47% | -78.70% | ๐บ๐ธ USA |
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.