Saudi Telecom Company
7010.SR
#335
Rank
โ‚ฌ52.37 B
Marketcap
10,50ย โ‚ฌ
Share price
2.11%
Change (1 day)
9.89%
Change (1 year)

Operating Margin for Saudi Telecom Company (7010.SR)

Operating Margin as of September 2024 (TTM): 22.78%

According to Saudi Telecom Company's latest financial reports and stock price the company's current Operating Margin is 22.78%. At the end of 2023 the company had an Operating Margin of 22.21%.

Operating Margin history for Saudi Telecom Company from 2012 to 2024

Operating Margin at the end of each year

Year Operating Margin Change
202322.21%5.71%
202221.01%-0.13%
202121.04%-4.46%
202022.02%-3.87%
201922.90%-2.64%
201823.52%5.09%
201722.39%15.02%
201619.46%-8.09%
201521.17%-21.74%
201427.05%16.49%
201323.22%29%
201218.00%-6.57%
201119.27%-21.78%
201024.64%-137.58%
2009-65.56%11.69%
2008-58.70%18.63%
2007-49.48%1.96%
2006-48.53%

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.