According to Cenergy Holdings's latest financial reports and stock price the company's current Operating Margin is 10.37%. At the end of 2023 the company had an Operating Margin of 10.37%.
Year | Operating Margin | Change |
---|---|---|
2023 | 10.37% | 36.58% |
2022 | 7.59% | 36.57% |
2021 | 5.56% | -24.54% |
2020 | 7.37% | 13.48% |
2019 | 6.49% | 90.5% |
2018 | 3.41% | 21.31% |
2017 | 2.81% | -42.82% |
2016 | 4.91% | -13.14% |
2015 | 5.66% | -206.25% |
2014 | -5.32% | 201.17% |
2013 | -1.77% |
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.