Evonik Industries
EVK.DE
$21.01
Share price
0.41%
Change (1 day)
-3.45%
Change (1 year)
Categories
Operating Margin for Evonik Industries (EVK.DE)
Operating Margin as of May 2024 (TTM): 3.04%
According to Evonik Industries's latest financial reports and stock price the company's current Operating Margin is 3.04%. At the end of 2022 the company had an Operating Margin of 4.99%.
Operating Margin history for Evonik Industries from 2010 to 2023
Operating Margin at the end of each year
| Year | Operating Margin | Change |
|---|---|---|
| 2022 | 4.99% | -31.19% |
| 2021 | 7.26% | 29.39% |
| 2020 | 5.61% | -22.96% |
| 2019 | 7.28% | -9.03% |
| 2018 | 8.00% | 12.33% |
| 2017 | 7.12% | -19.32% |
| 2016 | 8.83% | -17.25% |
| 2015 | 10.67% | 63.66% |
| 2014 | 6.52% | 0.38% |
| 2013 | 6.49% | -45.1% |
| 2012 | 11.83% | 11.45% |
| 2011 | 10.61% | 44.76% |
| 2010 | 7.33% | 132.66% |
| 2009 | 3.15% | 35.9% |
| 2008 | 2.32% | -36.52% |
| 2007 | 3.65% | 168.68% |
| 2006 | 1.36% |
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.