According to Bank AlJazira's latest financial reports and stock price the company's current Operating Margin is 37.18%. At the end of 2023 the company had an Operating Margin of 35.53%.
Year | Operating Margin | Change |
---|---|---|
2023 | 35.53% | -6.01% |
2022 | 37.81% | 16.28% |
2021 | 32.51% | 3319.22% |
2020 | 0.95% | -97.48% |
2019 | 37.69% | 0.4% |
2018 | 37.54% | 12.94% |
2017 | 33.24% | -5.73% |
2016 | 35.26% | -20.05% |
2015 | 44.11% | 71.59% |
2014 | 25.70% | -27.72% |
2013 | 35.56% | 12.48% |
2012 | 31.61% | 22.35% |
2011 | 25.84% | |
2008 | 20.39% | -63.24% |
2007 | 55.47% | -27.14% |
2006 | 76.13% |
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.