National Industrialization Company (Saudi Arabia)
2060.SR
#4439
Rank
โ‚น156.65 B
Marketcap
โ‚น234.19
Share price
-0.76%
Change (1 day)
-13.52%
Change (1 year)

Operating Margin for National Industrialization Company (Saudi Arabia) (2060.SR)

Operating Margin as of November 2024 (TTM): 18.55%

According to National Industrialization Company (Saudi Arabia)'s latest financial reports and stock price the company's current Operating Margin is 18.55%. At the end of 2023 the company had an Operating Margin of 22.13%.

Operating Margin history for National Industrialization Company (Saudi Arabia) from 2012 to 2024

Operating Margin at the end of each year

Year Operating Margin Change
202322.13%-47.96%
202242.53%-34.89%
202165.32%-724%
2020-10.47%8.93%
2019-9.61%-124.39%
201839.41%129.39%
201717.18%62.4%
201610.58%-345.13%
2015-4.32%-128.35%
201415.22%-7.93%
201316.53%-32.19%
201224.38%-11.41%
201127.52%40.98%
201019.52%-19.14%
200924.14%-9.76%
200826.75%2.44%
200726.11%-33.11%
200639.04%

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.