Al-Yamamah Steel Industries Company
1304.SR
#6572
Rank
โ‚น40.39 B
Marketcap
โ‚น795.17
Share price
2.45%
Change (1 day)
38.02%
Change (1 year)

Operating Margin for Al-Yamamah Steel Industries Company (1304.SR)

Operating Margin as of September 2024 (TTM): 2.51%

According to Al-Yamamah Steel Industries Company's latest financial reports and stock price the company's current Operating Margin is 2.51%. At the end of 2023 the company had an Operating Margin of -10.30%.

Operating Margin history for Al-Yamamah Steel Industries Company from 2016 to 2024

Operating Margin at the end of each year

Year Operating Margin Change
2023-10.30%4037.04%
2022-0.25%-101.5%
202116.61%244.47%
20204.82%-249.54%
2019-3.22%89.99%
2018-1.70%-114.66%
201711.58%-15.29%
201613.66%37.36%
20159.95%

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.