According to Smart Parking Limited's latest financial reports and stock price the company's current Operating Margin is 10.16%. At the end of 2024 the company had an Operating Margin of 10.17%.
Year | Operating Margin | Change |
---|---|---|
2024 | 10.17% | -26.05% |
2023 | 13.75% | 179.49% |
2022 | 4.92% | -85.62% |
2021 | 34.22% | -196.74% |
2020 | -35.37% | 86.86% |
2019 | -18.93% | -361.39% |
2018 | 7.24% | -267.45% |
2017 | -4.32% | -37.85% |
2016 | -6.96% | -74.32% |
2015 | -27.10% | -15.36% |
2014 | -32.02% | -8.06% |
2013 | -34.82% | -74.58% |
2012 | -137.01% | 117.58% |
2011 | -62.97% | |
2008 | -48.26% | -96.47% |
2007 | -1,367.04% |
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.