DAQO New Energy
DQ
$21.55
Share price
-9.22%
Change (1 day)
-54.90%
Change (1 year)
Categories
Operating Margin for DAQO New Energy (DQ)
Operating Margin as of April 2024 (TTM): 58.11%
According to DAQO New Energy's latest financial reports and stock price the company's current Operating Margin is 58.11%. At the end of 2022 the company had an Operating Margin of 65.98%.
Operating Margin history for DAQO New Energy from 2010 to 2023
Operating Margin at the end of each year
| Year | Operating Margin | Change |
|---|---|---|
| 2022 | 65.98% | 4.95% |
| 2021 | 62.87% | 125.01% |
| 2020 | 27.94% | 102.53% |
| 2019 | 13.80% | -50.79% |
| 2018 | 28.03% | -23.43% |
| 2017 | 36.61% | 27.38% |
| 2016 | 28.74% | 91.25% |
| 2015 | 15.03% | -15.06% |
| 2014 | 17.69% | -109.62% |
| 2013 | -183.92% | 82.39% |
| 2012 | -100.84% | -669.57% |
| 2011 | 17.70% | -53.23% |
| 2010 | 37.85% | 14.88% |
| 2009 | 32.95% | -32.03% |
| 2008 | 48.48% |
Operating Margin for similar companies or competitors
| Company | Operating Margin | Operating Margin differencediff. | Country |
|---|---|---|---|
 Dow DOW | 4.98% | -91.43% | 🇺🇸 USA |
 Cabot Microelectronics CCMP | 0.00% | N/A | 🇺🇸 USA |
 ReneSola
SOL | 8.87% | -84.74% | 🇺🇸 USA |
 Jinko Solar
JKS | 3.62% | -93.77% | 🇨🇳 China |
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.