According to Microchip Technology's latest financial reports and stock price the company's current Operating Margin is 17.05%. At the end of 2023 the company had an Operating Margin of 36.78%.
Year | Operating Margin | Change |
---|---|---|
2023 | 36.78% | 45.2% |
2022 | 25.33% | 102.82% |
2021 | 12.49% | 4.47% |
2020 | 11.96% | -7.42% |
2019 | 12.92% | -45.09% |
2018 | 23.52% | 239.49% |
2017 | 6.93% | -60.92% |
2016 | 17.73% | -6.69% |
2015 | 19.00% | -23.73% |
2014 | 24.91% | 104.04% |
2013 | 12.21% | -59.21% |
2012 | 29.93% | -9.57% |
2011 | 33.10% | 16.62% |
2010 | 28.38% | -1.98% |
2009 | 28.95% | -8.7% |
2008 | 31.71% | -5.21% |
2007 | 33.45% | -4.89% |
2006 | 35.17% | 15.17% |
2005 | 30.54% | 24.67% |
2004 | 24.50% | 28.58% |
2003 | 19.05% | -11.13% |
2002 | 21.44% | -15.75% |
2001 | 25.45% |
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.