According to Formosa Taffeta's latest financial reports and stock price the company's current Operating Margin is 10.30%. At the end of 2021 the company had an Operating Margin of 7.28%.
Year | Operating Margin | Change |
---|---|---|
2021 | 7.28% | -7.4% |
2020 | 7.86% | -44.04% |
2019 | 14.05% | -0.37% |
2018 | 14.10% | 8.77% |
2017 | 12.96% | 15.43% |
2016 | 11.23% | 28% |
2015 | 8.77% | 1.34% |
2014 | 8.66% | 55.43% |
2013 | 5.57% | -2.96% |
2012 | 5.74% | -5.75% |
2011 | 6.09% | -43.26% |
2010 | 10.73% | -2117.88% |
2009 | -0.53% | -105.95% |
2008 | 8.94% | -54.6% |
2007 | 19.70% | 83.18% |
2006 | 10.76% |
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.