According to Foxconn Industrial Internet 's latest financial reports and stock price the company's current Operating Margin is 4.90%. At the end of 2022 the company had an Operating Margin of 4.29%.
Year | Operating Margin | Change |
---|---|---|
2022 | 4.29% | -15.49% |
2021 | 5.08% | 11.03% |
2020 | 4.57% | -11.56% |
2019 | 5.17% | 7.01% |
2018 | 4.83% | -14.52% |
2017 | 5.65% | -12.21% |
2016 | 6.44% | 0.27% |
2015 | 6.42% |
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.