Globant
GLOB
$179.95
Share price
0.62%
Change (1 day)
-5.04%
Change (1 year)
Categories
Operating Margin for Globant (GLOB)
Operating Margin as of May 2023 (TTM): 11.76%
According to Globant's latest financial reports and stock price the company's current Operating Margin is 11.76%. At the end of 2021 the company had an Operating Margin of 9.63%.
Operating Margin history for Globant from 2013 to 2022
Operating Margin at the end of each year
| Year | Operating Margin | Change |
|---|---|---|
| 2021 | 9.63% | 2.41% |
| 2020 | 9.40% | -10.23% |
| 2019 | 10.47% | -18.94% |
| 2018 | 12.92% | 38.55% |
| 2017 | 9.32% | -40.03% |
| 2016 | 15.55% | -21.16% |
| 2015 | 19.72% | 15.09% |
| 2014 | 17.13% | 37.13% |
| 2013 | 12.49% | -1201.71% |
| 2012 | -1.13% | -111.64% |
| 2011 | 9.74% |
Operating Margin for similar companies or competitors
| Company | Operating Margin | Operating Margin differencediff. | Country |
|---|---|---|---|
 Workiva
WK | -19.69% | -267.43% | 🇺🇸 USA |
 SPS Commerce
SPSC | 15.14% | 28.74% | 🇺🇸 USA |
 Qualys QLYS | 27.30% | 132.14% | 🇺🇸 USA |
 Castlight Health
CSLT | -6.17% | -152.44% | 🇺🇸 USA |
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.