According to SHL Finance Company's latest financial reports and stock price the company's current Operating Margin is 10.07%. At the end of 2023 the company had an Operating Margin of 2.58%.
Year | Operating Margin | Change |
---|---|---|
2023 | 2.58% | -95.01% |
2022 | 51.71% | -6.75% |
2021 | 55.45% | 18.02% |
2020 | 46.99% | 2.59% |
2019 | 45.80% | 11.02% |
2018 | 41.26% |
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.