Solvay
SOLB.VI
#3098
Rank
HK$31.41 B
Marketcap
HK$296.63
Share price
0.15%
Change (1 day)
72.55%
Change (1 year)

Operating Margin for Solvay (SOLB.VI)

Operating Margin as of September 2024 (TTM): -8.45%

According to Solvay's latest financial reports and stock price the company's current Operating Margin is -8.45%. At the end of 2022 the company had an Operating Margin of 13.38%.

Operating Margin history for Solvay from 2009 to 2024

Operating Margin at the end of each year

Year Operating Margin Change
202213.38%39.9%
20219.57%-210.11%
2020-8.69%-1418.18%
20190.66%-90.58%
20187.00%13.41%
20176.17%18.32%
20165.22%11.44%
20154.68%45.08%
20143.23%-13.36%
20133.72%-50.45%
20127.52%55.74%
20114.83%278.41%
20101.28%-83.17%
20097.58%21.48%
20086.24%-48.75%
200712.17%28.1%
20069.50%-16.05%
200511.32%23.56%
20049.16%27.24%
20037.20%-11.62%
20028.14%

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.