Formosa Petrochemical
6505.TW
#872
Rank
$21.30 B
Marketcap
$2.24
Share price
-0.27%
Change (1 day)
-20.00%
Change (1 year)

Operating Margin for Formosa Petrochemical (6505.TW)

Operating Margin as of April 2024 (TTM): -2.31%

According to Formosa Petrochemical 's latest financial reports and stock price the company's current Operating Margin is -2.31%. At the end of 2022 the company had an Operating Margin of 2.07%.

Operating Margin history for Formosa Petrochemical from 2010 to 2023

Operating Margin at the end of each year

Year Operating Margin Change
20222.07%-78.95%
20219.82%348.82%
20202.19%-68.94%
20197.04%-28.16%
20189.80%-37.14%
201715.59%-7.86%
201616.92%93.83%
20158.73%563.13%
20141.32%-64.29%
20133.69%457.89%
20120.66%-80.79%
20113.44%-45.7%
20106.33%-22.42%
20098.17%254.69%
20082.30%-80.57%
200711.85%9.96%
200610.78%

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.