Gree Electric Appliances
000651.SZ
#609
Rank
$31.31 B
Marketcap
$5.56
Share price
2.46%
Change (1 day)
5.90%
Change (1 year)

Operating Margin for Gree Electric Appliances (000651.SZ)

Operating Margin as of March 2024 (TTM): 16.09%

According to Gree Electric Appliances 's latest financial reports and stock price the company's current Operating Margin is 16.09%. At the end of 2022 the company had an Operating Margin of 14.31%.

Operating Margin history for Gree Electric Appliances from 2002 to 2023

Operating Margin at the end of each year

Year Operating Margin Change
202214.31%1.28%
202114.13%-8.41%
202015.43%5.41%
201914.64%-6.37%
201815.63%-11.88%
201717.74%5.52%
201616.81%14.15%
201514.73%23.73%
201411.91%10.86%
201310.74%22.69%
20128.75%15.51%
20117.58%-8.87%
20108.32%4.93%
20097.93%39.03%
20085.70%52.06%
20073.75%12.6%
20063.33%-0.65%
20053.35%-8.16%
20043.65%-7.19%
20033.93%-21.86%
20025.03%2.45%
20014.91%

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.