According to Goldman Sachs's latest financial reports and stock price the company's current Operating Margin is 30.20%. At the end of 2023 the company had an Operating Margin of 23.22%.
Year | Operating Margin | Change |
---|---|---|
2023 | 23.22% | -18.46% |
2022 | 28.47% | -37.53% |
2021 | 45.58% | 62.74% |
2020 | 28.01% | -3.34% |
2019 | 28.97% | -15.37% |
2018 | 34.24% | -8.54% |
2017 | 37.43% | 1.59% |
2016 | 36.84% | 31% |
2015 | 28.13% | -27.1% |
2014 | 38.58% | 4.75% |
2013 | 36.83% | 5.02% |
2012 | 35.07% | 49.79% |
2011 | 23.41% | -33.02% |
2010 | 34.96% | -24.42% |
2009 | 46.25% | 280.6% |
2008 | 12.15% | -70.16% |
2007 | 40.72% | -0.21% |
2006 | 40.81% | 17.5% |
2005 | 34.73% | 2.89% |
2004 | 33.75% | 21.67% |
2003 | 27.74% | 19.27% |
2002 | 23.26% | -0.5% |
2001 | 23.38% |
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.