According to Saudi Investment Bank's latest financial reports and stock price the company's current Operating Margin is 52.88%. At the end of 2023 the company had an Operating Margin of 51.14%.
Year | Operating Margin | Change |
---|---|---|
2023 | 51.14% | -1.61% |
2022 | 51.98% | 13.13% |
2021 | 45.94% | 6.38% |
2020 | 43.19% | 275.41% |
2019 | 11.50% | -78.38% |
2018 | 53.22% | -3.76% |
2017 | 55.30% | 10.89% |
2016 | 49.87% | -15.91% |
2015 | 59.30% | 4.08% |
2014 | 56.98% | -11.77% |
2013 | 64.58% | 17.02% |
2012 | 55.19% | 18.7% |
2011 | 46.49% | 84.86% |
2010 | 25.15% | -579.33% |
2009 | -5.25% | -83.93% |
2008 | -32.65% | -1950.45% |
2007 | 1.76% | 62.8% |
2006 | 1.08% |
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.