According to ERG's latest financial reports and stock price the company's current Operating Margin is 32.33%. At the end of 2022 the company had an Operating Margin of 26.13%.
Year | Operating Margin | Change |
---|---|---|
2022 | 26.13% | 141.8% |
2021 | 10.81% | 58.77% |
2020 | 6.81% | 32.95% |
2019 | 5.12% | -63.61% |
2018 | 14.07% | 5.72% |
2017 | 13.31% | -11.13% |
2016 | 14.97% | 275.33% |
2015 | 3.99% | -9809.51% |
2014 | -0.04% | -101.19% |
2013 | 3.45% | 6.05% |
2012 | 3.25% | 238.89% |
2011 | 0.96% | -236.48% |
2010 | -0.70% | -148.85% |
2009 | 1.44% | -74.33% |
2008 | 5.61% | 93.65% |
2007 | 2.89% | 10.81% |
2006 | 2.61% | -66.71% |
2005 | 7.85% | 104.5% |
2004 | 3.84% | 139.1% |
2003 | 1.60% | 187.55% |
2002 | 0.56% | -79.78% |
2001 | 2.76% |
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.