According to Elis's latest financial reports and stock price the company's current Operating Margin is 7.46%. At the end of 2022 the company had an Operating Margin of 7.46%.
Year | Operating Margin | Change |
---|---|---|
2022 | 7.46% | 32.94% |
2021 | 5.61% | 409.76% |
2020 | 1.10% | -80.5% |
2019 | 5.65% | 31.34% |
2018 | 4.30% | 12.55% |
2017 | 3.82% | -56.13% |
2016 | 8.71% | -314.05% |
2015 | -4.07% | 517.03% |
2014 | -0.66% | -82.18% |
2013 | -3.70% | 75.01% |
2012 | -2.11% | -65.72% |
2011 | -6.16% |
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.