According to GlobalWafers's latest financial reports and stock price the company's current Operating Margin is 41.13%. At the end of 2022 the company had an Operating Margin of 28.61%.
Year | Operating Margin | Change |
---|---|---|
2022 | 28.61% | 6.34% |
2021 | 26.90% | -10.37% |
2020 | 30.01% | -6.03% |
2019 | 31.94% | 3.34% |
2018 | 30.90% | 107.74% |
2017 | 14.88% | 103.89% |
2016 | 7.30% | -60.21% |
2015 | 18.34% | 8.97% |
2014 | 16.83% | 17.41% |
2013 | 14.33% | 151.67% |
2012 | 5.70% |
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.