Glencore
GLCNF
#354
Rank
โ‚ฌ53.34 B
Marketcap
4,24ย โ‚ฌ
Share price
-1.79%
Change (1 day)
-21.52%
Change (1 year)

Operating Margin for Glencore (GLCNF)

Operating Margin at the end of 2022: 8.94%

According to Glencore's latest financial reports and stock price the company's current Operating Margin is 8.93%. At the end of 2022 the company had an Operating Margin of 8.94%.

Operating Margin history for Glencore from 2008 to 2022

Operating Margin at the end of each year

Year Operating Margin Change
20228.94%146.92%
20213.62%-200.71%
2020-3.59%770.68%
2019-0.41%-119.46%
20182.12%-37.01%
20173.37%-1038.38%
2016-0.36%-93.69%
2015-5.69%-395.58%
20141.92%-158.23%
2013-3.30%-758.44%
20120.50%-76.67%
20112.15%-28.15%
20102.99%61.87%
20091.85%110.73%
20080.88%

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.