According to Jarir's latest financial reports and stock price the company's current Operating Margin is 9.27%. At the end of 2023 the company had an Operating Margin of 9.91%.
Year | Operating Margin | Change |
---|---|---|
2023 | 9.91% | -8.67% |
2022 | 10.85% | -7.13% |
2021 | 11.68% | -1.28% |
2020 | 11.83% | -6.94% |
2019 | 12.71% | -4.33% |
2018 | 13.29% | 5.3% |
2017 | 12.62% | 3.35% |
2016 | 12.21% | -8.87% |
2015 | 13.40% | -0.88% |
2014 | 13.52% | 4.03% |
2013 | 12.99% | 1.45% |
2012 | 12.81% | -0.98% |
2011 | 12.93% | -8.16% |
2010 | 14.08% | -9.6% |
2009 | 15.58% | -44.94% |
2008 | 28.30% | -13.33% |
2007 | 32.65% | -1.46% |
2006 | 33.13% |
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.