According to Abdulmohsen Al-Hokair Group for Tourism and Development Company's latest financial reports and stock price the company's current Operating Margin is -7.29%. At the end of 2023 the company had an Operating Margin of -12.07%.
Year | Operating Margin | Change |
---|---|---|
2023 | -12.07% | 6.78% |
2022 | -11.30% | -53.58% |
2021 | -24.35% | -25.86% |
2020 | -32.85% | 155% |
2019 | -12.88% | 90.95% |
2018 | -6.75% | -965.35% |
2017 | 0.78% | -92.93% |
2016 | 11.03% | -34.91% |
2015 | 16.94% | -19.89% |
2014 | 21.15% | -6.09% |
2013 | 22.52% | -5.43% |
2012 | 23.82% |
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.