According to Corticeira Amorim's latest financial reports and stock price the company's current Operating Margin is 9.93%. At the end of 2023 the company had an Operating Margin of 12.28%.
Year | Operating Margin | Change |
---|---|---|
2023 | 12.28% | 7.62% |
2022 | 11.41% | -5.75% |
2021 | 12.11% | 11.88% |
2020 | 10.82% | -7.51% |
2019 | 11.70% | -12.44% |
2018 | 13.37% | -7% |
2017 | 14.37% | -35.35% |
2016 | 22.23% | 84.02% |
2015 | 12.08% | 26.64% |
2014 | 9.54% | 4.53% |
2013 | 9.13% | 1.71% |
2012 | 8.97% | 10.55% |
2011 | 8.12% | 2.37% |
2010 | 7.93% | 306.1% |
2009 | 1.95% | -27.57% |
2008 | 2.70% | -52.89% |
2007 | 5.72% | -0.2% |
2006 | 5.73% | 25.19% |
2005 | 4.58% | 146.35% |
2004 | 1.86% | 11.42% |
2003 | 1.67% |
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.