According to Descartes Systems 's latest financial reports and stock price the company's current Operating Margin is 27.86%. At the end of 2023 the company had an Operating Margin of 27.76%.
Year | Operating Margin | Change |
---|---|---|
2023 | 27.76% | 13.63% |
2022 | 24.43% | 19.02% |
2021 | 20.52% | 27.47% |
2020 | 16.10% | 6.4% |
2019 | 15.13% | -0.32% |
2018 | 15.18% | -3.66% |
2017 | 15.76% | 3.04% |
2016 | 15.29% | 14.06% |
2015 | 13.41% | 37.75% |
2014 | 9.73% | -28.47% |
2013 | 13.61% | 0.73% |
2012 | 13.51% | 68.59% |
2011 | 8.01% | -7.39% |
2010 | 8.65% | -35.21% |
2009 | 13.35% | 8.76% |
2008 | 12.28% | 16.78% |
2007 | 10.52% | -81.26% |
2006 | 56.12% | -165.49% |
2005 | -85.69% | 176.44% |
2004 | -31.00% | -83.1% |
2003 | -183.39% | 214.18% |
2002 | -58.37% | 121.65% |
2001 | -26.33% |
Company | Operating Margin | Operating Margin differencediff. | Country |
---|---|---|---|
Oracle ORCL | 18.02% | -35.32% | ๐บ๐ธ USA |
SAP SAP | 17.72% | -36.40% | ๐ฉ๐ช Germany |
Manhattan Associates
MANH | 20.61% | -26.02% | ๐บ๐ธ USA |
American Software AMSWA | 11.11% | -60.12% | ๐บ๐ธ USA |
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.