Saudi Advanced Industries Company
2120.SR
#6289
Rank
โ‚ฌ0.52 B
Marketcap
8,87ย โ‚ฌ
Share price
-0.41%
Change (1 day)
24.26%
Change (1 year)

Operating Margin for Saudi Advanced Industries Company (2120.SR)

Operating Margin as of September 2024 (TTM): 90.29%

According to Saudi Advanced Industries Company's latest financial reports and stock price the company's current Operating Margin is 90.29%. At the end of 2023 the company had an Operating Margin of 88.29%.

Operating Margin history for Saudi Advanced Industries Company from 2015 to 2024

Operating Margin at the end of each year

Year Operating Margin Change
202388.29%0.13%
202288.18%-3.41%
202191.29%15.35%
202079.15%19.97%
201965.97%-22.44%
201885.05%-5.59%
201790.09%32.28%
201668.10%630.01%
20159.33%-84.05%
201458.49%-30.9%
201384.65%-152.88%
2012-160.08%-375.42%
201158.12%-26.71%
201079.30%-12.66%
200990.80%4.5%
200886.89%2.98%
200784.37%287.29%
200621.79%

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.