According to Carsales's latest financial reports and stock price the company's current Operating Margin is 47.07%. At the end of 2022 the company had an Operating Margin of 47.07%.
Year | Operating Margin | Change |
---|---|---|
2022 | 47.07% | -1.56% |
2021 | 47.82% | 2.15% |
2020 | 46.81% | -1.6% |
2019 | 47.57% | -15.87% |
2018 | 56.54% | 24.65% |
2017 | 45.36% | -8.44% |
2016 | 49.54% | -2.68% |
2015 | 50.91% | -13.72% |
2014 | 59.00% | 6.94% |
2013 | 55.17% | 2.41% |
2012 | 53.87% | 0.06% |
2011 | 53.84% | 6.1% |
2010 | 50.74% |
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.