According to CLP Group 's latest financial reports and stock price the company's current Operating Margin is 12.20%. At the end of 2023 the company had an Operating Margin of 12.21%.
Year | Operating Margin | Change |
---|---|---|
2023 | 12.21% | 672.98% |
2022 | 1.58% | -88.41% |
2021 | 13.62% | -30.04% |
2020 | 19.48% | 95.4% |
2019 | 9.97% | -51.11% |
2018 | 20.39% | 3.56% |
2017 | 19.69% | -6.15% |
2016 | 20.98% | -16.73% |
2015 | 25.19% | 76.01% |
2014 | 14.31% | 156.17% |
2013 | 5.59% | -41.32% |
2012 | 9.52% | -20.24% |
2011 | 11.94% | -37.63% |
2010 | 19.14% | -1.59% |
2009 | 19.45% | -10.38% |
2008 | 21.70% | -3.72% |
2007 | 22.54% | -2.75% |
2006 | 23.18% | -15.63% |
2005 | 27.47% | -16.33% |
2004 | 32.83% | -5.01% |
2003 | 34.57% | -9.88% |
2002 | 38.36% | 12.51% |
2001 | 34.09% |
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.