GlobalFoundries
GFS
$46.26
Share price
-1.34%
Change (1 day)
-27.74%
Change (1 year)
Categories
Operating Margin for GlobalFoundries (GFS)
Operating Margin as of April 2024 (TTM): 20.01%
According to GlobalFoundries's latest financial reports and stock price the company's current Operating Margin is 20.01%. At the end of 2022 the company had an Operating Margin of 18.89%.
Operating Margin history for GlobalFoundries from 2021 to 2023
Operating Margin at the end of each year
| Year | Operating Margin | Change |
|---|---|---|
| 2022 | 18.89% | -806.95% |
| 2021 | -2.67% | -90.49% |
| 2020 | -28.10% | 42.4% |
| 2019 | -19.73% | -53.14% |
| 2018 | -42.12% |
What is a company's Operating Margin
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.