According to Doosan Bobcat's latest financial reports and stock price the company's current Operating Margin is 11.35%. At the end of 2022 the company had an Operating Margin of 10.28%.
Year | Operating Margin | Change |
---|---|---|
2022 | 10.28% | 14.75% |
2021 | 8.96% | 7.81% |
2020 | 8.31% | -7.45% |
2019 | 8.98% | -11.68% |
2018 | 10.17% | 9.44% |
2017 | 9.29% | 28.51% |
2016 | 7.23% | -0.16% |
2015 | 7.24% |
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.