Qatar National Cement Company
QNCD.QA
#6179
Rank
โ‚น56.38 B
Marketcap
โ‚น86.27
Share price
-0.13%
Change (1 day)
4.84%
Change (1 year)

Operating Margin for Qatar National Cement Company (QNCD.QA)

Operating Margin as of November 2024 (TTM): 46.17%

According to Qatar National Cement Company's latest financial reports and stock price the company's current Operating Margin is 46.17%. At the end of 2023 the company had an Operating Margin of 27.95%.

Operating Margin history for Qatar National Cement Company from 2012 to 2024

Operating Margin at the end of each year

Year Operating Margin Change
202327.95%6.59%
202226.22%11.67%
202123.48%4.01%
202022.58%-10.95%
201925.36%-39.18%
201841.69%31.82%
201731.62%-16.68%
201637.95%2.63%
201536.98%-7.96%
201440.18%-6.95%
201343.18%-2.58%
201244.32%-4.95%
201146.63%3.93%
201044.87%50.99%
200929.71%-3.98%
200830.95%-9.91%
200734.35%44.06%
200623.84%

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.