Gree Electric Appliances
000651.SZ
#638
Rank
$30.93 B
Marketcap
$5.49
Share price
6.53%
Change (1 day)
0.81%
Change (1 year)

Operating Margin for Gree Electric Appliances (000651.SZ)

Operating Margin as of July 2024 (TTM): 17.66%

According to Gree Electric Appliances 's latest financial reports and stock price the company's current Operating Margin is 17.66%. At the end of 2022 the company had an Operating Margin of 14.31%.

Operating Margin history for Gree Electric Appliances from 2002 to 2024

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%-11.87%
201717.74%5.18%
201616.87%13.77%
201514.83%23.9%
201411.97%11.42%
201310.74%22.69%
20128.75%15.51%
20117.58%-8.87%
20108.32%4.89%
20097.93%39.04%
20085.70%52.07%
20073.75%16.44%
20063.22%-3.53%
20053.34%-8.52%
20043.65%-8.48%
20033.99%-20.75%
20025.03%2.52%
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.