According to Hyundai Glovis 's latest financial reports and stock price the company's current Operating Margin is 7.25%. At the end of 2023 the company had an Operating Margin of 6.32%.
Year | Operating Margin | Change |
---|---|---|
2023 | 6.32% | -0.25% |
2022 | 6.34% | 30.6% |
2021 | 4.85% | -5.87% |
2020 | 5.15% | 13.32% |
2019 | 4.55% | 9.26% |
2018 | 4.16% | -28.53% |
2017 | 5.82% | 17.12% |
2016 | 4.97% | 13.56% |
2015 | 4.38% | -17.46% |
2014 | 5.30% | -5.02% |
2013 | 5.58% | -4.7% |
2012 | 5.86% | 11.78% |
2011 | 5.24% | 2.58% |
2010 | 5.11% | -21.58% |
2009 | 6.52% | 38.68% |
2008 | 4.70% | -3.76% |
2007 | 4.88% |
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.