According to Finolex Industries's latest financial reports and stock price the company's current Operating Margin is 26.00%. At the end of 2023 the company had an Operating Margin of 7.31%.
Year | Operating Margin | Change |
---|---|---|
2023 | 7.31% | -75.64% |
2022 | 30.00% | 3.94% |
2021 | 28.86% | 104.29% |
2020 | 14.13% | -20.97% |
2019 | 17.87% | 6.5% |
2018 | 16.78% | -4.51% |
2017 | 17.58% | 25.85% |
2016 | 13.97% | 328.1% |
2015 | 3.26% | -66.91% |
2014 | 9.86% | 11.21% |
2013 | 8.87% | 92.43% |
2012 | 4.61% | -19.56% |
2011 | 5.73% | -50.19% |
2010 | 11.50% | -398.07% |
2009 | -3.86% | -154.41% |
2008 | 7.09% | -25.3% |
2007 | 9.49% | 7.37% |
2006 | 8.84% | -44.96% |
2005 | 16.06% |
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.