Covestro
1COV.F
$51.20
Share price
-0.52%
Change (1 day)
25.83%
Change (1 year)
Categories
Operating Margin for Covestro (1COV.F)
Operating Margin as of April 2024 (TTM): -3.45%
According to Covestro's latest financial reports and stock price the company's current Operating Margin is -3.45%. At the end of 2022 the company had an Operating Margin of 0.72%.
Operating Margin history for Covestro from 2015 to 2023
Operating Margin at the end of each year
| Year | Operating Margin | Change |
|---|---|---|
| 2022 | 0.72% | -94.73% |
| 2021 | 13.74% | 143.13% |
| 2020 | 5.65% | -7.83% |
| 2019 | 6.13% | -63.81% |
| 2018 | 16.94% | -9.89% |
| 2017 | 18.80% | 97.18% |
| 2016 | 9.53% | 128.11% |
| 2015 | 4.18% | 29.02% |
| 2014 | 3.24% | 44.28% |
| 2013 | 2.25% | -26.98% |
| 2012 | 3.07% |
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.