According to HK Electric Investments's latest financial reports and stock price the company's current Operating Margin is 31.70%. At the end of 2023 the company had an Operating Margin of 31.70%.
Year | Operating Margin | Change |
---|---|---|
2023 | 31.70% | -3.56% |
2022 | 32.87% | -7.81% |
2021 | 35.66% | 16.9% |
2020 | 30.50% | 2.08% |
2019 | 29.88% | -15.76% |
2018 | 35.47% | -6.41% |
2017 | 37.90% | 3.53% |
2016 | 36.61% | -3.73% |
2015 | 38.03% | -2.31% |
2014 | 38.93% |
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.