According to Contact Energy 's latest financial reports and stock price the company's current Operating Margin is 10.65%. At the end of 2022 the company had an Operating Margin of 10.66%.
Year | Operating Margin | Change |
---|---|---|
2022 | 10.66% | 4.65% |
2021 | 10.18% | 23.15% |
2020 | 8.27% | -15.41% |
2019 | 9.78% | 37.55% |
2018 | 7.11% | -29.58% |
2017 | 10.09% | -306.31% |
2016 | -4.89% | -173.28% |
2015 | 6.67% | -51.28% |
2014 | 13.70% | 30.45% |
2013 | 10.50% | 10.08% |
2012 | 9.54% | 0.06% |
2011 | 9.54% | -1.76% |
2010 | 9.71% | 30.35% |
2009 | 7.45% | -40.05% |
2008 | 12.42% | -32.54% |
2007 | 18.41% | 6.09% |
2006 | 17.36% | |
2004 | 20.58% | -99.86% |
2003 | 14,642.95% | 94669.9% |
2002 | 15.45% |
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.