Clean Energy Technologies
CETY
$1.45
Share price
-2.68%
Change (1 day)
-29.95%
Change (1 year)
Categories
Operating Margin for Clean Energy Technologies (CETY)
Operating Margin as of May 2024 (TTM): 6.29%
According to Clean Energy Technologies's latest financial reports and stock price the company's current Operating Margin is 6.29%. At the end of 2021 the company had an Operating Margin of 21.42%.
Operating Margin history for Clean Energy Technologies from 2004 to 2022
Operating Margin at the end of each year
| Year | Operating Margin | Change |
|---|---|---|
| 2021 | 21.42% | -108.76% |
| 2020 | -244.36% | 53.92% |
| 2019 | -158.76% | -24.79% |
| 2018 | -211.09% | -8.73% |
| 2017 | -231.28% | 178.58% |
| 2016 | -83.02% | -23.92% |
| 2015 | -109.13% | 212.18% |
| 2014 | -34.96% | 90.62% |
| 2013 | -18.34% | 681.88% |
| 2012 | -2.35% | -201.08% |
| 2011 | 2.32% | -73.3% |
| 2010 | 8.69% | 580.57% |
| 2009 | 1.28% | -181% |
| 2008 | -1.58% | -128.95% |
| 2007 | 5.45% | 236.11% |
| 2006 | 1.62% | -116.21% |
| 2005 | -10.00% | -32.42% |
| 2004 | -14.79% | -23.24% |
| 2003 | -19.27% |
Operating Margin for similar companies or competitors
| Company | Operating Margin | Operating Margin differencediff. | Country |
|---|---|---|---|
 Siemens SIE.DE | 12.27% | 95.07% | 🇩🇪 Germany |
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.