According to Al-Yamamah Steel Industries Company's latest financial reports and stock price the company's current Operating Margin is 2.51%. At the end of 2023 the company had an Operating Margin of -10.30%.
Year | Operating Margin | Change |
---|---|---|
2023 | -10.30% | 4037.04% |
2022 | -0.25% | -101.5% |
2021 | 16.61% | 244.47% |
2020 | 4.82% | -249.54% |
2019 | -3.22% | 89.99% |
2018 | -1.70% | -114.66% |
2017 | 11.58% | -15.29% |
2016 | 13.66% | 37.36% |
2015 | 9.95% |
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.