According to Grange Resources's latest financial reports and stock price the company's current Operating Margin is 34.98%. At the end of 2023 the company had an Operating Margin of 34.99%.
Year | Operating Margin | Change |
---|---|---|
2023 | 34.99% | -16.39% |
2022 | 41.85% | -29.02% |
2021 | 58.96% | 41.88% |
2020 | 41.56% | 86.79% |
2019 | 22.25% | -39.07% |
2018 | 36.52% | 35.6% |
2017 | 26.93% | -21.51% |
2016 | 34.31% | -133.22% |
2015 | -103.27% | 83.5% |
2014 | -56.28% | -543.99% |
2013 | 12.68% | -11.5% |
2012 | 14.32% | -62.82% |
2011 | 38.52% | 97.05% |
2010 | 19.55% | 22.42% |
2009 | 15.97% | -97.54% |
2008 | 649.99% | |
2006 | 26.01% | -120.11% |
2005 | -129.36% | -781.81% |
2004 | 18.97% | -152.76% |
2003 | -35.96% | 438.56% |
2002 | -6.68% | -89.16% |
2001 | -61.59% |
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.