Globant
GLOB
$180.10
Share price
0.45%
Change (1 day)
16.95%
Change (1 year)
Categories
Operating Margin for Globant (GLOB)
Operating Margin as of April 2024 (TTM): 11.22%
According to Globant's latest financial reports and stock price the company's current Operating Margin is 11.22%. At the end of 2022 the company had an Operating Margin of 10.83%.
Operating Margin history for Globant from 2013 to 2023
Operating Margin at the end of each year
| Year | Operating Margin | Change |
|---|---|---|
| 2022 | 10.83% | 12.56% |
| 2021 | 9.63% | 2.41% |
| 2020 | 9.40% | -10.23% |
| 2019 | 10.47% | -18.94% |
| 2018 | 12.92% | 36.04% |
| 2017 | 9.49% | -40.12% |
| 2016 | 15.86% | -19.58% |
| 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 | -17.46% | -255.61% | 🇺🇸 USA |
 SPS Commerce
SPSC | 14.70% | 31.02% | 🇺🇸 USA |
 Qualys QLYS | 27.89% | 148.57% | 🇺🇸 USA |
 Castlight Health
CSLT | -6.17% | -154.97% | 🇺🇸 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.