According to Basic Chemical Industries Company's latest financial reports and stock price the company's current Operating Margin is 11.07%. At the end of 2022 the company had an Operating Margin of 13.31%.
Year | Operating Margin | Change |
---|---|---|
2022 | 13.31% | -0.83% |
2021 | 13.42% | 11.1% |
2020 | 12.08% | -6.69% |
2019 | 12.94% | -5.48% |
2018 | 13.69% | -5.77% |
2017 | 14.53% | 0.92% |
2016 | 14.40% | 32.62% |
2015 | 10.86% | 29% |
2014 | 8.42% | -31.55% |
2013 | 12.30% | -21.03% |
2012 | 15.57% | 302.66% |
2011 | 3.87% | 77.92% |
2010 | 2.17% | -43.89% |
2009 | 3.87% | 596.45% |
2008 | 0.56% | -85.77% |
2007 | 3.91% |
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.