According to Wesfarmers 's latest financial reports and stock price the company's current Operating Margin is 8.39%. At the end of 2023 the company had an Operating Margin of 8.39%.
Year | Operating Margin | Change |
---|---|---|
2023 | 8.39% | -9.88% |
2022 | 9.31% | -9.84% |
2021 | 10.33% | 26.71% |
2020 | 8.15% | -23.75% |
2019 | 10.69% | 75.31% |
2018 | 6.10% | -5.78% |
2017 | 6.47% | 215.01% |
2016 | 2.05% | -66.06% |
2015 | 6.05% | 26.05% |
2014 | 4.80% | -21.62% |
2013 | 6.13% | 0.02% |
2012 | 6.13% | 3.73% |
2011 | 5.91% | 6.37% |
2010 | 5.55% | -5.2% |
2009 | 5.86% | -12.72% |
2008 | 6.71% | -50.17% |
2007 | 13.46% | -25.8% |
2006 | 18.15% | 48.52% |
2005 | 12.22% | -30.74% |
2004 | 17.64% | 51.85% |
2003 | 11.62% | 19.12% |
2002 | 9.75% | -5.7% |
2001 | 10.34% |
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.