According to Synnex Technology International's latest financial reports and stock price the company's current Operating Margin is 2.89%. At the end of 2024 the company had an Operating Margin of 3.37%.
Year | Operating Margin | Change |
---|---|---|
2024 | 3.37% | 6.35% |
2023 | 3.17% | -38.05% |
2022 | 5.11% | -11.87% |
2021 | 5.80% | 76.1% |
2020 | 3.30% | 16.64% |
2019 | 2.83% | 24.73% |
2018 | 2.26% | -2.47% |
2017 | 2.32% | 24.7% |
2016 | 1.86% | 31.31% |
2015 | 1.42% | -32.09% |
2014 | 2.09% | -1.05% |
2013 | 2.11% | -9.46% |
2012 | 2.33% | -18.53% |
2011 | 2.86% | 15.38% |
2010 | 2.48% | -9.62% |
2009 | 2.74% | 20.21% |
2008 | 2.28% | -17.18% |
2007 | 2.76% | 12.77% |
2006 | 2.44% |
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.