Gree Electric Appliances
000651.SZ
$5.52
Share price
-0.15%
Change (1 day)
-6.44%
Change (1 year)
Operating Margin for Gree Electric Appliances (000651.SZ)
Operating Margin as of April 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 |
|---|---|---|
| 2022 | 14.31% | 1.28% |
| 2021 | 14.13% | -8.41% |
| 2020 | 15.43% | 5.41% |
| 2019 | 14.64% | -6.37% |
| 2018 | 15.63% | -11.88% |
| 2017 | 17.74% | 5.52% |
| 2016 | 16.81% | 14.15% |
| 2015 | 14.73% | 23.73% |
| 2014 | 11.91% | 10.86% |
| 2013 | 10.74% | 22.69% |
| 2012 | 8.75% | 15.51% |
| 2011 | 7.58% | -8.87% |
| 2010 | 8.32% | 4.93% |
| 2009 | 7.93% | 39.03% |
| 2008 | 5.70% | 52.06% |
| 2007 | 3.75% | 12.6% |
| 2006 | 3.33% | -0.65% |
| 2005 | 3.35% | -8.16% |
| 2004 | 3.65% | -7.19% |
| 2003 | 3.93% | -21.86% |
| 2002 | 5.03% | 2.45% |
| 2001 | 4.91% |
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.