According to Galicia Financial Group's latest financial reports and stock price the company's current Operating Margin is 20.86%. At the end of 2023 the company had an Operating Margin of 16.21%.
Year | Operating Margin | Change |
---|---|---|
2023 | 16.21% | 70.83% |
2022 | 9.49% | -41.92% |
2021 | 16.33% | -28.24% |
2020 | 22.76% | -13.76% |
2019 | 26.40% | 546.33% |
2018 | 4.08% | -80.43% |
2017 | 20.87% | -28% |
2016 | 28.99% | -3.04% |
2015 | 29.90% | 1.03% |
2014 | 29.60% | 24.6% |
2013 | 23.75% | -1.06% |
2012 | 24.01% | -16.05% |
2011 | 28.60% | 68.89% |
2010 | 16.93% | 86.07% |
2009 | 9.10% | 16.43% |
2008 | 7.82% | 46.03% |
2007 | 5.35% | 8.47% |
2006 | 4.93% | -41.98% |
2005 | 8.50% | -263.23% |
2004 | -5.21% | -69.48% |
2003 | -17.07% | -87.29% |
2002 | -134.34% | -1161.48% |
2001 | 12.66% |
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.