According to Ganfeng Lithium's latest financial reports and stock price the company's current Operating Margin is 47.07%. At the end of 2022 the company had an Operating Margin of 55.44%.
Year | Operating Margin | Change |
---|---|---|
2022 | 55.44% | 2.48% |
2021 | 54.10% | 114.5% |
2020 | 25.22% | 98.27% |
2019 | 12.72% | -56.9% |
2018 | 29.51% | -27.97% |
2017 | 40.97% | 109.81% |
2016 | 19.53% | 56.79% |
2015 | 12.46% | -0.99% |
2014 | 12.58% | -8.62% |
2013 | 13.77% | 3.99% |
2012 | 13.24% | -3.59% |
2011 | 13.73% | -9.19% |
2010 | 15.12% | -21.21% |
2009 | 19.19% | -20.22% |
2008 | 24.06% | 9.9% |
2007 | 21.89% |
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.