According to Iren's latest financial reports and stock price the company's current Operating Margin is 9.38%. At the end of 2022 the company had an Operating Margin of 5.18%.
Year | Operating Margin | Change |
---|---|---|
2022 | 5.18% | -40.35% |
2021 | 8.68% | -14.07% |
2020 | 10.11% | 12.56% |
2019 | 8.98% | -8.31% |
2018 | 9.79% | -4.05% |
2017 | 10.21% | 5.39% |
2016 | 9.68% | 17.23% |
2015 | 8.26% | 4.4% |
2014 | 7.91% | 33.49% |
2013 | 5.93% | 5.61% |
2012 | 5.61% | 1711.98% |
2011 | 0.31% | -96.61% |
2010 | 9.14% | 46.49% |
2009 | 6.24% | -18.69% |
2008 | 7.67% | 22.36% |
2007 | 6.27% | 8% |
2006 | 5.81% | -38.14% |
2005 | 9.39% | 32.42% |
2004 | 7.09% | -9.02% |
2003 | 7.79% |
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.