Gudang Garam
GGRM.JK
$1.17
Share price
-0.13%
Change (1 day)
-39.69%
Change (1 year)
Categories
Gudang Garam is an Indonesian tobacco and cigarette company, that produces Indonesian cigarettes called kretek.
Operating Margin for Gudang Garam (GGRM.JK)
Operating Margin as of April 2024 (TTM): 3.81%
According to Gudang Garam 's latest financial reports and stock price the company's current Operating Margin is 3.81%. At the end of 2022 the company had an Operating Margin of 2.92%.
Operating Margin history for Gudang Garam from 2010 to 2023
Operating Margin at the end of each year
| Year | Operating Margin | Change |
|---|---|---|
| 2022 | 2.92% | -49.88% |
| 2021 | 5.84% | -30.87% |
| 2020 | 8.44% | -35.6% |
| 2019 | 13.11% | 19.72% |
| 2018 | 10.95% | -12.6% |
| 2017 | 12.53% | 6.99% |
| 2016 | 11.71% | -4.59% |
| 2015 | 12.27% | 11.02% |
| 2014 | 11.05% | 3.23% |
| 2013 | 10.71% | -5.07% |
| 2012 | 11.28% | -28.58% |
| 2011 | 15.79% | 5.71% |
| 2010 | 14.94% | 2.03% |
| 2009 | 14.64% | 66.76% |
| 2008 | 8.78% | 12.14% |
| 2007 | 7.83% | 28.62% |
| 2006 | 6.09% | -44.19% |
| 2005 | 10.91% |
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.