According to Glencore's latest financial reports and stock price the company's current Operating Margin is 8.93%. At the end of 2022 the company had an Operating Margin of 8.94%.
Year | Operating Margin | Change |
---|---|---|
2022 | 8.94% | 146.92% |
2021 | 3.62% | -200.71% |
2020 | -3.59% | 770.68% |
2019 | -0.41% | -119.46% |
2018 | 2.12% | -37.01% |
2017 | 3.37% | -1038.38% |
2016 | -0.36% | -93.69% |
2015 | -5.69% | -395.58% |
2014 | 1.92% | -158.23% |
2013 | -3.30% | -758.44% |
2012 | 0.50% | -76.67% |
2011 | 2.15% | -28.15% |
2010 | 2.99% | 61.87% |
2009 | 1.85% | 110.73% |
2008 | 0.88% |
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.