Al-Babtain Power and Telecommunications
2320.SR
#5909
Rank
โ‚น62.93 B
Marketcap
โ‚น984.17
Share price
0.92%
Change (1 day)
112.30%
Change (1 year)

Operating Margin for Al-Babtain Power and Telecommunications (2320.SR)

Operating Margin as of September 2024 (TTM): 13.51%

According to Al-Babtain Power and Telecommunications's latest financial reports and stock price the company's current Operating Margin is 13.51%. At the end of 2023 the company had an Operating Margin of 10.84%.

Operating Margin history for Al-Babtain Power and Telecommunications from 2015 to 2024

Operating Margin at the end of each year

Year Operating Margin Change
202310.84%54.66%
20227.01%-1.62%
20217.12%-33.67%
202010.74%0.85%
201910.64%-7.58%
201811.52%-22.92%
201714.94%-3.62%
201615.51%31.93%
201511.75%25.94%
20149.33%
20118.71%-77.92%
201039.44%44.79%
200927.24%-12.79%
200831.23%12.19%
200727.84%15.87%
200624.02%

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.