According to Giordano's latest financial reports and stock price the company's current Operating Margin is 8.13%. At the end of 2021 the company had an Operating Margin of 8.14%.
Year | Operating Margin | Change |
---|---|---|
2021 | 8.14% | -337.39% |
2020 | -3.43% | -141.06% |
2019 | 8.35% | -32.77% |
2018 | 12.42% | -9.68% |
2017 | 13.75% | 15.95% |
2016 | 11.86% | 6.69% |
2015 | 11.11% | 3.39% |
2014 | 10.75% | -30.39% |
2013 | 15.44% | -21.01% |
2012 | 19.55% | 9.31% |
2011 | 17.88% | 13.11% |
2010 | 15.81% | 84.37% |
2009 | 8.58% | 6.01% |
2008 | 8.09% | -3.98% |
2007 | 8.42% | -5.8% |
2006 | 8.94% | -27.98% |
2005 | 12.42% | -6.91% |
2004 | 13.34% | 18.35% |
2003 | 11.27% | -11.31% |
2002 | 12.71% | -5.32% |
2001 | 13.42% |
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.