According to Indorama Ventures 's latest financial reports and stock price the company's current Operating Margin is -7.43%. At the end of 2023 the company had an Operating Margin of 0.33%.
Year | Operating Margin | Change |
---|---|---|
2023 | 0.33% | -95.76% |
2022 | 7.71% | -14.23% |
2021 | 8.99% | 222.82% |
2020 | 2.78% | -14.7% |
2019 | 3.26% | -67.03% |
2018 | 9.90% | 20.43% |
2017 | 8.22% | -7.55% |
2016 | 8.89% | 68.03% |
2015 | 5.29% | 80.79% |
2014 | 2.93% | 1.3% |
2013 | 2.89% | -27.7% |
2012 | 4.00% | -59.86% |
2011 | 9.96% | -24.44% |
2010 | 13.18% | 30.4% |
2009 | 10.11% | 23.2% |
2008 | 8.20% |
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.