Al Meera Consumer Goods Company
MERS.QA
#5867
Rank
โ‚ฌ0.78 B
Marketcap
3,80ย โ‚ฌ
Share price
-0.41%
Change (1 day)
15.72%
Change (1 year)

Operating Margin for Al Meera Consumer Goods Company (MERS.QA)

Operating Margin as of November 2024 (TTM): 6.51%

According to Al Meera Consumer Goods Company's latest financial reports and stock price the company's current Operating Margin is 6.51%. At the end of 2022 the company had an Operating Margin of 6.97%.

Operating Margin history for Al Meera Consumer Goods Company from 2012 to 2024

Operating Margin at the end of each year

Year Operating Margin Change
20226.97%0.59%
20216.93%12.37%
20206.16%-0.73%
20196.21%1.9%
20186.09%-10.34%
20176.80%-11.6%
20167.69%18.38%
20156.49%-38.33%
201410.53%5.01%
201310.03%43.38%
20126.99%5.28%
20116.64%-7.25%
20107.16%14.52%
20096.25%-26.55%
20088.52%37.87%
20076.18%

What is a company's Operating Margin?

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.