According to Galaxy Surfactants 's latest financial reports and stock price the company's current Operating Margin is 11.15%. At the end of 2022 the company had an Operating Margin of 9.02%.
Year | Operating Margin | Change |
---|---|---|
2022 | 9.02% | -33.52% |
2021 | 13.56% | 20.35% |
2020 | 11.27% | 11.19% |
2019 | 10.13% | 11.77% |
2018 | 9.07% | -4.07% |
2017 | 9.45% | 4.18% |
2016 | 9.07% | 51.41% |
2015 | 5.99% | -17.34% |
2014 | 7.25% | 509.34% |
2013 | 1.19% |
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.