Sinopec
600028.SS
#168
Rank
ยฃ76.71 B
Marketcap
ยฃ0.69
Share price
0.95%
Change (1 day)
0.46%
Change (1 year)

Operating Margin for Sinopec (600028.SS)

Operating Margin as of September 2024 (TTM): 3.26%

According to Sinopec's latest financial reports and stock price the company's current Operating Margin is 3.26%. At the end of 2022 the company had an Operating Margin of 2.84%.

Operating Margin history for Sinopec from 2001 to 2024

Operating Margin at the end of each year

Year Operating Margin Change
20222.84%-28.57%
20213.98%72.44%
20202.31%-24.22%
20193.05%-11.56%
20183.45%-6.17%
20173.67%-11.51%
20164.15%48.67%
20152.79%19.95%
20142.33%-29.46%
20133.30%1.43%
20123.25%-22.04%
20114.17%-22.98%
20105.42%-15.82%
20096.44%177.98%
20082.32%-66.43%
20076.90%-2.85%
20067.10%-7.62%
20057.69%-15.05%
20049.05%26.01%
20037.18%6.03%
20026.77%-4.33%
20017.08%

Operating Margin for similar companies or competitors

Company Operating Margin Operating Margin differencediff. Country
14.78% 353.37%๐Ÿ‡บ๐Ÿ‡ธ USA
8.67% 165.95%๐Ÿ‡จ๐Ÿ‡ณ China
28.04% 760.12%๐Ÿ‡บ๐Ÿ‡ธ USA
11.30% 246.63%๐Ÿ‡ฌ๐Ÿ‡ง UK
-0.62%-119.02%๐Ÿ‡บ๐Ÿ‡ธ USA

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.