Riyadh Cement Company
3092.SR
#5660
Rank
โ‚น73.94 B
Marketcap
โ‚น616.23
Share price
1.10%
Change (1 day)
-15.37%
Change (1 year)

Operating Margin for Riyadh Cement Company (3092.SR)

Operating Margin as of September 2024 (TTM): 40.02%

According to Riyadh Cement Company's latest financial reports and stock price the company's current Operating Margin is 40.02%. At the end of 2022 the company had an Operating Margin of 33.33%.

Operating Margin history for Riyadh Cement Company from 2024 to 2024

Operating Margin at the end of each year

Year Operating Margin Change
202233.33%-3.47%
202134.53%-9.71%
202038.24%16.63%
201932.79%88.96%
201817.35%

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.