Al Gassim Investment Holding
6020.SR
#8134
Rank
ยฃ0.11 B
Marketcap
ยฃ3.74
Share price
-0.32%
Change (1 day)
-8.39%
Change (1 year)

Operating Margin for Al Gassim Investment Holding (6020.SR)

Operating Margin as of September 2024 (TTM): 26.34%

According to Al Gassim Investment Holding's latest financial reports and stock price the company's current Operating Margin is 26.34%. At the end of 2023 the company had an Operating Margin of 33.49%.

Operating Margin history for Al Gassim Investment Holding from 2013 to 2024

Operating Margin at the end of each year

Year Operating Margin Change
202333.49%-184.62%
2022-39.58%704.64%
2021-4.92%-118.17%
202027.07%-33.63%
201940.78%-16.87%
201849.06%167.71%
201718.33%-202.57%
2016-17.87%-28.07%
2015-24.84%-12.78%
2014-28.48%42.13%
2013-20.04%-48.48%
2012-38.89%35.28%
2011-28.75%3.12%
2010-27.88%252.51%
2009-7.91%303.96%
2008-1.96%-63.39%
2007-5.35%-93.31%
2006-79.91%

What is a company's Operating Margin

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.