According to Sanghi Industries 's latest financial reports and stock price the company's current Operating Margin is -59.54%. At the end of 2023 the company had an Operating Margin of -35.23%.
Year | Operating Margin | Change |
---|---|---|
2023 | -35.23% | -796.96% |
2022 | 5.05% | -57.97% |
2021 | 12.03% | 63.33% |
2020 | 7.36% | 48.49% |
2019 | 4.96% | -45.48% |
2018 | 9.10% | 43.23% |
2017 | 6.35% | |
2015 | 3.28% | -21.06% |
2014 | 4.16% | -22.01% |
2013 | 5.33% | -29.07% |
2012 | 7.51% | |
2010 | 2.75% | -64.6% |
2009 | 7.76% | -44.8% |
2008 | 14.06% | -28.04% |
2007 | 19.53% |
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.