According to COSCO Shipping's latest financial reports and stock price the company's current Operating Margin is 41.24%. At the end of 2022 the company had an Operating Margin of 42.73%.
Year | Operating Margin | Change |
---|---|---|
2022 | 42.73% | 11.44% |
2021 | 38.34% | 370.8% |
2020 | 8.14% | 3.15% |
2019 | 7.90% | 148.1% |
2018 | 3.18% | -49.52% |
2017 | 6.30% | -152.23% |
2016 | -12.07% | -495.18% |
2015 | 3.05% | 287.56% |
2014 | 0.79% | -86.96% |
2013 | 6.04% | -158.88% |
2012 | -10.27% | -9.39% |
2011 | -11.33% | -199.39% |
2010 | 11.40% | -200.64% |
2009 | -11.33% | -187.54% |
2008 | 12.94% | -52.18% |
2007 | 27.06% | 224.01% |
2006 | 8.35% | -56.73% |
2005 | 19.30% | 17.68% |
2004 | 16.40% | 65.97% |
2003 | 9.88% | -342.1% |
2002 | -4.08% |
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.