According to Elkem's latest financial reports and stock price the company's current Operating Margin is -2.32%. At the end of 2022 the company had an Operating Margin of 27.86%.
Year | Operating Margin | Change |
---|---|---|
2022 | 27.86% | 51.29% |
2021 | 18.42% | 416.35% |
2020 | 3.57% | -44.78% |
2019 | 6.46% | -61.4% |
2018 | 16.74% | 77.55% |
2017 | 9.43% | 28.02% |
2016 | 7.36% | -25.46% |
2015 | 9.88% | 120.71% |
2014 | 4.48% |
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.