According to Erdemir's latest financial reports and stock price the company's current Operating Margin is 3.69%. At the end of 2022 the company had an Operating Margin of 18.88%.
Year | Operating Margin | Change |
---|---|---|
2022 | 18.88% | -47.19% |
2021 | 35.74% | 86.95% |
2020 | 19.12% | -5.51% |
2019 | 20.23% | -38.45% |
2018 | 32.88% | 19.95% |
2017 | 27.41% | 31.83% |
2016 | 20.79% | 55.66% |
2015 | 13.36% | -29.65% |
2014 | 18.99% | 24.73% |
2013 | 15.22% | 62.5% |
2012 | 9.37% | -62.92% |
2011 | 25.26% | 49.44% |
2010 | 16.91% | 4244.87% |
2009 | 0.39% | -97.94% |
2008 | 18.89% | 1.02% |
2007 | 18.69% | 5.98% |
2006 | 17.64% | 143.32% |
2005 | 7.25% |
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.