GOL Airlines
GOLL4.SA
#6247
Rank
โ‚น54.61 B
Marketcap
โ‚น17.06
Share price
3.54%
Change (1 day)
-89.09%
Change (1 year)

Operating Margin for GOL Airlines (GOLL4.SA)

Operating Margin as of November 2024 (TTM): 8.72%

According to GOL Airlines's latest financial reports and stock price the company's current Operating Margin is 8.72%. At the end of 2023 the company had an Operating Margin of -5.10%.

Operating Margin history for GOL Airlines from 2004 to 2024

Operating Margin at the end of each year

Year Operating Margin Change
2023-5.10%-48.96%
2022-9.99%-89.94%
2021-99.23%8.69%
2020-91.30%-3354.47%
20192.81%-166.33%
2018-4.23%-718.7%
20170.68%-95.11%
201613.97%-139.62%
2015-35.25%272.5%
2014-9.46%29.76%
2013-7.29%-62.71%
2012-19.56%47.39%
2011-13.27%-339.62%
20105.54%-55.87%
200912.55%-167.27%
2008-18.65%-558.83%
20074.07%-80.65%
200621.01%-21.83%
200526.88%-10.24%
200429.95%58.81%
200318.86%141.21%
20027.82%-595.17%
2001-1.58%

Operating Margin for similar companies or competitors

Company Operating Margin Operating Margin differencediff. Country
22.13% 153.78%๐Ÿ‡ต๐Ÿ‡ฆ Panama
9.66% 10.78%๐Ÿ‡บ๐Ÿ‡ธ USA
-3.02%-134.63%๐Ÿ‡จ๐Ÿ‡ณ China
2.07%-76.26%๐Ÿ‡ฒ๐Ÿ‡ฝ Mexico

What is a company's Operating Margin?

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.