China Southern Airlines
600029.SS
#1384
Rank
$12.55 B
Marketcap
$0.81
Share price
0.34%
Change (1 day)
-15.21%
Change (1 year)

Operating Margin for China Southern Airlines (600029.SS)

Operating Margin as of July 2024 (TTM): 2.15%

According to China Southern Airlines 's latest financial reports and stock price the company's current Operating Margin is 2.15%. At the end of 2022 the company had an Operating Margin of -36.21%.

Operating Margin history for China Southern Airlines from 2001 to 2024

Operating Margin at the end of each year

Year Operating Margin Change
2022-36.21%164.75%
2021-13.68%-16.63%
2020-16.41%-722.08%
20192.64%-15.58%
20183.12%-54.73%
20176.90%3.59%
20166.66%16.13%
20155.74%100.75%
20142.86%-16.3%
20133.41%-27.03%
20124.68%-36.85%
20117.41%-28.84%
201010.41%1176.65%
20090.82%-109.69%
2008-8.41%-264.72%
20075.11%536.95%
20060.80%-117.66%
2005-4.54%-380.21%
20041.62%-176.75%
2003-2.11%-136.85%
20025.73%6.68%
20015.37%

Operating Margin for similar companies or competitors

Company Operating Margin Operating Margin differencediff. Country
-3.69%-271.63%๐Ÿ‡จ๐Ÿ‡ณ China
9.66% 349.30%๐Ÿ‡บ๐Ÿ‡ธ USA
6.30% 193.02%๐Ÿ‡บ๐Ÿ‡ธ USA

What is a company's Operating Margin

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.