According to Himatsingka Seide's latest financial reports and stock price the company's current Operating Margin is 5.49%. At the end of 2022 the company had an Operating Margin of 7.30%.
Year | Operating Margin | Change |
---|---|---|
2022 | 7.30% | -684.3% |
2021 | -1.25% | -132.23% |
2020 | 3.88% | -69.04% |
2019 | 12.52% | -9.38% |
2018 | 13.82% | 23.42% |
2017 | 11.19% | 24.8% |
2016 | 8.97% | 90.33% |
2015 | 4.71% | 50.71% |
2014 | 3.13% | 2.08% |
2013 | 3.06% | -2.23% |
2012 | 3.13% | -376.23% |
2011 | -1.13% | -213.18% |
2010 | 1.00% | -113.12% |
2009 | -7.64% | 212.89% |
2008 | -2.44% | -107.3% |
2007 | 33.47% | 4.79% |
2006 | 31.94% |
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.