Saipem
SPM.MI
#2923
Rank
โ‚ฌ4.08 B
Marketcap
2,08ย โ‚ฌ
Share price
3.78%
Change (1 day)
29.51%
Change (1 year)

Operating Margin for Saipem (SPM.MI)

Operating Margin as of September 2024 (TTM): -1.62%

According to Saipem's latest financial reports and stock price the company's current Operating Margin is -1.62%. At the end of 2022 the company had an Operating Margin of -1.62%.

Operating Margin history for Saipem from 2010 to 2022

Operating Margin at the end of each year

Year Operating Margin Change
2022-1.62%-95.49%
2021-35.95%171.01%
2020-13.27%-629.42%
20192.51%-198.91%
2018-2.53%115.08%
2017-1.18%-92.87%
2016-16.53%192.07%
2015-5.66%501.18%
2014-0.94%261.78%
2013-0.26%-103.09%
20128.43%-23.04%
201110.95%-1.37%
201011.10%7.49%
200910.33%-14.33%
200812.06%2.32%
200711.78%62.83%
20067.24%-2.18%
20057.40%4.69%
20047.07%10.3%
20036.41%-20.74%
20028.08%

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.