COSCO Shipping
601919.SS
#883
Rank
$21.60 B
Marketcap
$1.43
Share price
-0.29%
Change (1 day)
-12.27%
Change (1 year)

Operating Margin for COSCO Shipping (601919.SS)

Operating Margin as of March 2024 (TTM): 41.24%

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%.

Operating Margin history for COSCO Shipping from 2008 to 2023

Operating Margin at the end of each year

Year Operating Margin Change
202242.73%11.44%
202138.34%370.8%
20208.14%3.15%
20197.90%148.1%
20183.18%-49.52%
20176.30%-152.23%
2016-12.07%-495.18%
20153.05%287.56%
20140.79%-86.96%
20136.04%-158.88%
2012-10.27%-9.39%
2011-11.33%-199.39%
201011.40%-200.64%
2009-11.33%-187.54%
200812.94%-52.18%
200727.06%224.01%
20068.35%-56.73%
200519.30%17.68%
200416.40%65.97%
20039.88%-342.1%
2002-4.08%

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.