According to Multi Commodity Exchange's latest financial reports and stock price the company's current Operating Margin is 53.42%. At the end of 2023 the company had an Operating Margin of 37.11%.
Year | Operating Margin | Change |
---|---|---|
2023 | 37.11% | -26.04% |
2022 | 50.18% | -10.14% |
2021 | 55.84% | -12.06% |
2020 | 63.49% | 29.66% |
2019 | 48.97% | -8.46% |
2018 | 53.49% | -15.29% |
2017 | 63.14% | 12.73% |
2016 | 56.01% | -0.07% |
2015 | 56.05% | 3.47% |
2014 | 54.17% | -25.05% |
2013 | 72.28% | 7.02% |
2012 | 67.54% | 23.01% |
2011 | 54.90% | -51.16% |
2010 | 112.43% | 13.59% |
2009 | 98.98% | 25.65% |
2008 | 78.77% | 3.05% |
2007 | 76.44% |
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.