According to Salcef Group's latest financial reports and stock price the company's current Operating Margin is 12.00%. At the end of 2023 the company had an Operating Margin of 11.94%.
Year | Operating Margin | Change |
---|---|---|
2023 | 11.94% | -1.24% |
2022 | 12.09% | -12.96% |
2021 | 13.88% | 16.85% |
2020 | 11.88% | -19.65% |
2019 | 14.79% |
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.