According to Salik Company's latest financial reports and stock price the company's current Operating Margin is 67.03%. At the end of 2024 the company had an Operating Margin of 55.83%.
Year | Operating Margin | Change |
---|---|---|
2024 | 55.83% | 7.23% |
2023 | 52.07% | -25.67% |
2022 | 70.06% | -14.08% |
2021 | 81.54% | 2.49% |
2020 | 79.56% | -4.56% |
2019 | 83.36% |
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.