According to Estun Automation's latest financial reports and stock price the company's current Operating Margin is 2.56%. At the end of 2023 the company had an Operating Margin of 3.58%.
Year | Operating Margin | Change |
---|---|---|
2023 | 3.58% | -47.13% |
2022 | 6.77% | 23.22% |
2021 | 5.50% | -12.9% |
2020 | 6.31% | 15.3% |
2019 | 5.47% | -35.31% |
2018 | 8.46% | -21.08% |
2017 | 10.72% | -9.36% |
2016 | 11.83% | 5.75% |
2015 | 11.19% | 21.93% |
2014 | 9.18% | -31.05% |
2013 | 13.31% | 9.52% |
2012 | 12.15% | -21.08% |
2011 | 15.40% |
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.