According to Far Eastern New Century's latest financial reports and stock price the company's current Operating Margin is 8.10%. At the end of 2023 the company had an Operating Margin of 7.32%.
Year | Operating Margin | Change |
---|---|---|
2023 | 7.32% | 12.71% |
2022 | 6.50% | -12.96% |
2021 | 7.47% | -4.27% |
2020 | 7.80% | 1.95% |
2019 | 7.65% | -16.94% |
2018 | 9.21% | 17.85% |
2017 | 7.81% | 5.66% |
2016 | 7.40% | -18.43% |
2015 | 9.07% | -0.33% |
2014 | 9.10% | -9.21% |
2013 | 10.02% | 76.61% |
2012 | 5.67% | -37.17% |
2011 | 9.03% | -21.29% |
2010 | 11.47% | 4.93% |
2009 | 10.93% | 43.4% |
2008 | 7.62% | -66.76% |
2007 | 22.94% | 78.72% |
2006 | 12.83% |
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.