According to Asseco Business Solutions's latest financial reports and stock price the company's current Operating Margin is 29.68%. At the end of 2023 the company had an Operating Margin of 28.90%.
Year | Operating Margin | Change |
---|---|---|
2023 | 28.90% | -1.59% |
2022 | 29.37% | -3.56% |
2021 | 30.45% | -4.12% |
2020 | 31.76% | 0.3% |
2019 | 31.67% | 5.94% |
2018 | 29.89% | 2.6% |
2017 | 29.13% | -6.32% |
2016 | 31.10% | 13.48% |
2015 | 27.40% | 11.87% |
2014 | 24.50% | 6.7% |
2013 | 22.96% | -3.27% |
2012 | 23.73% | 1.34% |
2011 | 23.42% | 4.89% |
2010 | 22.33% | 24.35% |
2009 | 17.96% | 1.66% |
2008 | 17.66% |
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.