Grendene
GRND3.SA
$1.18
Share price
-1.31%
Change (1 day)
-24.84%
Change (1 year)
Categories
Operating Margin for Grendene (GRND3.SA)
Operating Margin as of April 2024 (TTM): 25.23%
According to Grendene's latest financial reports and stock price the company's current Operating Margin is 25.23%. At the end of 2021 the company had an Operating Margin of 23.60%.
Operating Margin history for Grendene from 2009 to 2022
Operating Margin at the end of each year
| Year | Operating Margin | Change |
|---|---|---|
| 2021 | 23.60% | 2.04% |
| 2020 | 23.12% | -9.91% |
| 2019 | 25.67% | -2.74% |
| 2018 | 26.39% | -15.59% |
| 2017 | 31.27% | -4.29% |
| 2016 | 32.67% | 23.42% |
| 2015 | 26.47% | 12.61% |
| 2014 | 23.51% | 2.25% |
| 2013 | 22.99% | -12.63% |
| 2012 | 26.31% | 14.64% |
| 2011 | 22.95% | 11.3% |
| 2010 | 20.62% | 4.31% |
| 2009 | 19.77% | 2.35% |
| 2008 | 19.32% | 29.56% |
| 2007 | 14.91% | -20.01% |
| 2006 | 18.64% | 52.89% |
| 2005 | 12.19% | 44.86% |
| 2004 | 8.41% | -65.88% |
| 2003 | 24.66% |
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.