According to Tianqi Lithium's latest financial reports and stock price the company's current Operating Margin is 44.18%. At the end of 2022 the company had an Operating Margin of 101.32%.
Year | Operating Margin | Change |
---|---|---|
2022 | 101.32% | 42.94% |
2021 | 70.88% | 199.78% |
2020 | 23.65% | -147.01% |
2019 | -50.30% | -177.57% |
2018 | 64.84% | -0.89% |
2017 | 65.42% | 13.76% |
2016 | 57.51% | 69.72% |
2015 | 33.89% | 30.08% |
2014 | 26.05% | -210.93% |
2013 | -23.48% | -269.99% |
2012 | 13.81% | 11.37% |
2011 | 12.40% | -28.63% |
2010 | 17.38% | 11.41% |
2009 | 15.60% | -9.4% |
2008 | 17.22% | -27.73% |
2007 | 23.82% |
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.