Hankook Tire
161390.KS
$40.99
Share price
-2.76%
Change (1 day)
53.69%
Change (1 year)
Categories
Operating Margin for Hankook Tire (161390.KS)
Operating Margin as of April 2024 (TTM): 15.43%
According to Hankook Tire 's latest financial reports and stock price the company's current Operating Margin is 15.43%. At the end of 2022 the company had an Operating Margin of 10.23%.
Operating Margin history for Hankook Tire from 2013 to 2023
Operating Margin at the end of each year
| Year | Operating Margin | Change |
|---|---|---|
| 2022 | 10.23% | 0.65% |
| 2021 | 10.16% | 13.37% |
| 2020 | 8.96% | 4.57% |
| 2019 | 8.57% | -16.54% |
| 2018 | 10.27% | -5.86% |
| 2017 | 10.91% | -33.89% |
| 2016 | 16.50% | 26.34% |
| 2015 | 13.06% | -6.76% |
| 2014 | 14.00% | 0.04% |
| 2013 | 14.00% | 10.52% |
| 2012 | 12.67% |
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.