Qassim Cement Company
3040.SR
#5693
Rank
ยฃ0.65 B
Marketcap
ยฃ10.44
Share price
-0.19%
Change (1 day)
-26.25%
Change (1 year)

Operating Margin for Qassim Cement Company (3040.SR)

Operating Margin as of September 2024 (TTM): 32.07%

According to Qassim Cement Company's latest financial reports and stock price the company's current Operating Margin is 32.07%. At the end of 2023 the company had an Operating Margin of 27.34%.

Operating Margin history for Qassim Cement Company from 2015 to 2024

Operating Margin at the end of each year

Year Operating Margin Change
202327.34%18.83%
202223.01%-48.53%
202144.70%-10.87%
202050.15%2.77%
201948.80%85.67%
201826.28%-32.76%
201739.08%-20.16%
201648.95%-18.14%
201559.80%0.74%
201459.36%1.6%
201358.43%5.61%
201255.32%0.13%
201155.25%0.82%
201054.80%-14.65%
200964.21%2.5%
200862.64%-5.56%
200766.33%11.92%
200659.27%

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.