According to I.g. Petrochemicals 's latest financial reports and stock price the company's current Operating Margin is 14.71%. At the end of 2022 the company had an Operating Margin of 18.92%.
Year | Operating Margin | Change |
---|---|---|
2022 | 18.92% | -15.84% |
2021 | 22.49% | 645.91% |
2020 | 3.01% | -78.95% |
2019 | 14.32% | -28.87% |
2018 | 20.13% | 59.08% |
2017 | 12.65% | 57.53% |
2016 | 8.03% | 747.66% |
2015 | 0.95% | 191.62% |
2014 | 0.32% | -18.94% |
2013 | 0.40% | -78.6% |
2012 | 1.87% | -28.43% |
2011 | 2.62% | -56.9% |
2010 | 6.07% | 1829% |
2009 | 0.31% | -94.67% |
2008 | 5.91% | 4.82% |
2007 | 5.63% |
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.