GOL Airlines
GOL
#2795
Rank
$4.34 B
Marketcap
$2.72
Share price
0.00%
Change (1 day)
5.64%
Change (1 year)

Operating Margin for GOL Airlines (GOL)

Operating Margin as of April 2024 (TTM): 16.16%

According to GOL Airlines's latest financial reports and stock price the company's current Operating Margin is 16.16%. At the end of 2022 the company had an Operating Margin of -9.99%.

Operating Margin history for GOL Airlines from 2004 to 2023

Operating Margin at the end of each year

Year Operating Margin Change
2022-9.99%-89.94%
2021-99.23%8.69%
2020-91.30%-3354.47%
20192.81%-166.33%
2018-4.23%-729.99%
20170.67%-95.13%
201613.80%-139.14%
2015-35.25%272.5%
2014-9.46%29.76%
2013-7.29%-62.71%
2012-19.56%47.39%
2011-13.27%-339.62%
20105.54%-55.87%
200912.55%-167.27%
2008-18.65%-1023.89%
20072.02%-90.39%
200621.01%-21.83%
200526.88%-10.24%
200429.95%58.81%
200318.86%141.21%
20027.82%-595.17%
2001-1.58%

Operating Margin for similar companies or competitors

Company Operating Margin Operating Margin differencediff. Country
3.78%-76.61%๐Ÿ‡บ๐Ÿ‡ธ USA
12.52%-22.52%๐Ÿ‡ฒ๐Ÿ‡ฝ Mexico
15.64%-3.22%๐Ÿ‡ต๐Ÿ‡ฆ Panama
-23.37%-244.62%๐Ÿ‡จ๐Ÿ‡ณ China

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.