OpenText
OTEX
#2059
Rank
โ‚ฌ7.30 B
Marketcap
27,34ย โ‚ฌ
Share price
-0.38%
Change (1 day)
-22.96%
Change (1 year)

Operating Margin for OpenText (OTEX)

Operating Margin as of November 2024 (TTM): 4.93%

According to OpenText's latest financial reports and stock price the company's current Operating Margin is 4.93%. At the end of 2023 the company had an Operating Margin of 4.93%.

Operating Margin history for OpenText from 2001 to 2024

Operating Margin at the end of each year

Year Operating Margin Change
20234.93%-66.59%
202214.77%-23.15%
202119.22%73.13%
202011.10%-27.72%
201915.36%11.97%
201813.72%25.92%
201710.89%-31.67%
201615.94%10.96%
201514.37%-15.6%
201417.02%30.21%
201313.07%14.92%
201211.37%-13.66%
201113.17%31.83%
20109.99%-2.73%
200910.27%-2.55%
200810.54%93.92%
20075.44%130.75%
20062.36%-64.55%
20056.65%-39.35%
200410.96%-37.04%
200317.41%58.43%
200210.99%36.84%
20018.03%

Operating Margin for similar companies or competitors

Company Operating Margin Operating Margin differencediff. Country
43.57% 783.77%๐Ÿ‡บ๐Ÿ‡ธ USA
35.03% 610.55%๐Ÿ‡บ๐Ÿ‡ธ USA
18.90% 283.37%๐Ÿ‡บ๐Ÿ‡ธ USA
9.98% 102.43%๐Ÿ‡บ๐Ÿ‡ธ USA
16.00% 224.54%๐Ÿ‡ฉ๐Ÿ‡ช Germany
5.46% 10.75%๐Ÿ‡บ๐Ÿ‡ธ USA

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.