According to Cemig's latest financial reports and stock price the company's current Operating Margin is 22.55%. At the end of 2022 the company had an Operating Margin of 11.95%.
Year | Operating Margin | Change |
---|---|---|
2022 | 11.95% | -14.4% |
2021 | 13.97% | -7.3% |
2020 | 15.07% | -15.98% |
2019 | 17.93% | 98.83% |
2018 | 9.02% | 18.96% |
2017 | 7.58% | 287.79% |
2016 | 1.95% | -87.28% |
2015 | 15.37% | -32.74% |
2014 | 22.86% | -17.53% |
2013 | 27.72% | -23.23% |
2012 | 36.10% | 41.41% |
2011 | 25.53% | 25.47% |
2010 | 20.35% | -25.86% |
2009 | 27.45% | 49.62% |
2008 | 18.34% | -24.89% |
2007 | 24.42% | 75.99% |
2006 | 13.88% | -50.52% |
2005 | 28.04% | -15.01% |
2004 | 33.00% | -0.62% |
2003 | 33.21% | 80790.38% |
2002 | 0.04% | -100.32% |
2001 | -12.78% |
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.