GOL Airlines
GOL
$3.92
Share price
9.50%
Change (1 day)
-30.50%
Change (1 year)
Categories
Operating Margin for GOL Airlines (GOL)
Operating Margin as of June 2023 (TTM): -5.07%
According to GOL Airlines's latest financial reports and stock price the company's current Operating Margin is -5.07%. At the end of 2021 the company had an Operating Margin of -99.23%.
Operating Margin history for GOL Airlines from 2004 to 2023
Operating Margin at the end of each year
| Year | Operating Margin | Change |
|---|---|---|
| 2021 | -99.23% | 8.69% |
| 2020 | -91.30% | -3354.47% |
| 2019 | 2.81% | -166.33% |
| 2018 | -4.23% | -729.99% |
| 2017 | 0.67% | -95.13% |
| 2016 | 13.80% | -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% |
| 2010 | 5.54% | -55.87% |
| 2009 | 12.55% | -167.27% |
| 2008 | -18.65% | -1023.89% |
| 2007 | 2.02% | -90.39% |
| 2006 | 21.01% | -21.83% |
| 2005 | 26.88% | -10.24% |
| 2004 | 29.95% | 58.81% |
| 2003 | 18.86% | 141.21% |
| 2002 | 7.82% | -595.17% |
| 2001 | -1.58% |
Operating Margin for similar companies or competitors
| Company | Operating Margin | Operating Margin differencediff. | Country |
|---|---|---|---|
 Delta Air Lines DAL | 3.78% | -174.56% | 🇺🇸 USA |
 Volaris
VLRS | 12.52% | -346.94% | 🇲🇽 Mexico |
 Copa Holdings
CPA | 13.09% | -358.19% | 🇵🇦 Panama |
 China Eastern Airlines
600115.SS | -26.18% | 416.37% | 🇨🇳 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.