According to Smithfield Foods's latest financial reports and stock price the company's current Operating Margin is 3.27%. At the end of 2023 the company had an Operating Margin of -0.88%.
Year | Operating Margin | Change |
---|---|---|
2023 | -0.88% | -113.63% |
2022 | 6.46% | 111.81% |
2021 | 3.05% | |
2015 | 4.49% | -12.75% |
2014 | 5.14% | 195.78% |
2013 | 1.74% | -57.34% |
2012 | 4.08% | -34.31% |
2011 | 6.20% | -423.88% |
2010 | -1.92% | -35.26% |
2009 | -2.96% | -258.43% |
2008 | 1.87% | -39.54% |
2007 | 3.09% | -12.91% |
2006 | 3.55% | -12.13% |
2005 | 4.04% | 45.9% |
2004 | 2.77% | 1096.3% |
2003 | 0.23% | -94.97% |
2002 | 4.60% | -24.05% |
2001 | 6.06% |
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.