According to Yanbu National Petrochemical's latest financial reports and stock price the company's current Operating Margin is 9.17%. At the end of 2023 the company had an Operating Margin of -8.46%.
Year | Operating Margin | Change |
---|---|---|
2023 | -8.46% | -206.95% |
2022 | 7.91% | -65.7% |
2021 | 23.05% | 41.98% |
2020 | 16.24% | -19.63% |
2019 | 20.20% | -38.66% |
2018 | 32.93% | -5.64% |
2017 | 34.90% | -12.66% |
2016 | 39.96% | 99.63% |
2015 | 20.02% | -27.61% |
2014 | 27.65% | -6.36% |
2013 | 29.53% | 7.86% |
2012 | 27.38% | -64.31% |
2011 | 76.72% | 5.94% |
2010 | 72.42% | |
2007 | 157.73% | -2.54% |
2006 | 161.84% |
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.