According to Sumitomo's latest financial reports and stock price the company's current Operating Margin is 8.91%. At the end of 2023 the company had an Operating Margin of 10.60%.
Year | Operating Margin | Change |
---|---|---|
2023 | 10.60% | -1.25% |
2022 | 10.74% | -629.38% |
2021 | -2.03% | -142.67% |
2020 | 4.75% | -37.18% |
2019 | 7.57% | -11.4% |
2018 | 8.54% | 60.19% |
2017 | 5.33% | 52.62% |
2016 | 3.49% | -808.11% |
2015 | -0.49% | -105.38% |
2014 | 9.17% | -13.29% |
2013 | 10.58% | 1.03% |
2012 | 10.47% | 15.72% |
2011 | 9.05% | 17.25% |
2010 | 7.72% | -15.23% |
2009 | 9.10% | -9.1% |
2008 | 10.01% | -7.17% |
2007 | 10.79% | 12.37% |
2006 | 9.60% | 29.98% |
2005 | 7.39% | 15.73% |
2004 | 6.38% | 243.24% |
2003 | 1.86% |
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.