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%.
Year | Operating Margin | Change |
---|---|---|
2022 | 2.07% | -78.95% |
2021 | 9.82% | 348.82% |
2020 | 2.19% | -68.94% |
2019 | 7.04% | -28.16% |
2018 | 9.80% | -37.14% |
2017 | 15.59% | -7.86% |
2016 | 16.92% | 93.83% |
2015 | 8.73% | 563.13% |
2014 | 1.32% | -64.29% |
2013 | 3.69% | 457.89% |
2012 | 0.66% | -80.79% |
2011 | 3.44% | -45.7% |
2010 | 6.33% | -22.42% |
2009 | 8.17% | 254.69% |
2008 | 2.30% | -80.57% |
2007 | 11.85% | 9.96% |
2006 | 10.78% |
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.