Saudi Electricity
5110.SR
#1029
Rank
โ‚ฌ17.00 B
Marketcap
4,08ย โ‚ฌ
Share price
0.71%
Change (1 day)
-16.24%
Change (1 year)
The Saudi Electricity Company, SEC for short is a Saudi Arabian electric utility company that has the monopoly on the generation, transmission and distribution of electric power in Saudi Arabia.

Operating Margin for Saudi Electricity (5110.SR)

Operating Margin as of September 2024 (TTM): 14.13%

According to Saudi Electricity's latest financial reports and stock price the company's current Operating Margin is 14.13%. At the end of 2023 the company had an Operating Margin of 19.33%.

Operating Margin history for Saudi Electricity from 2012 to 2024

Operating Margin at the end of each year

Year Operating Margin Change
202319.33%-24.1%
202225.46%1.1%
202125.19%128.24%
202011.03%13.24%
20199.74%4.58%
20189.32%-52.32%
201719.54%53.09%
201612.76%232.87%
20153.83%-60.47%
20149.70%74.68%
20135.55%-17.52%
20126.73%13.93%
20115.91%-10.87%
20106.63%-119.64%
2009-33.75%19.66%
2008-28.21%-438.54%
20078.33%-9.84%
20069.24%

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.