Gulf Energy Development Public Company
GULF.BK
$1.12
Share price
2.48%
Change (1 day)
-24.83%
Change (1 year)
Categories
Operating Margin for Gulf Energy Development Public Company (GULF.BK)
Operating Margin as of May 2024 (TTM): 24.88%
According to Gulf Energy Development Public Company's latest financial reports and stock price the company's current Operating Margin is 24.88%. At the end of 2022 the company had an Operating Margin of 16.41%.
Operating Margin history for Gulf Energy Development Public Company from 2016 to 2023
Operating Margin at the end of each year
| Year | Operating Margin | Change |
|---|---|---|
| 2022 | 16.41% | -18.11% |
| 2021 | 20.04% | 5.25% |
| 2020 | 19.04% | -20.02% |
| 2019 | 23.81% | -0.72% |
| 2018 | 23.98% | -72.92% |
| 2017 | 88.56% | 22.91% |
| 2016 | 72.05% | -147.66% |
| 2015 | -151.19% | 114.05% |
| 2014 | -70.64% |
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.