According to LONGi Green Energy Technology's latest financial reports and stock price the company's current Operating Margin is 13.08%. At the end of 2021 the company had an Operating Margin of 12.64%.
Year | Operating Margin | Change |
---|---|---|
2021 | 12.64% | -30.38% |
2020 | 18.16% | -4.37% |
2019 | 18.99% | 45.61% |
2018 | 13.04% | -46.89% |
2017 | 24.55% | 57.93% |
2016 | 15.55% | 56.03% |
2015 | 9.96% | 14.87% |
2014 | 8.67% | 112.74% |
2013 | 4.08% | -192.65% |
2012 | -4.40% | -126.92% |
2011 | 16.35% | -47.57% |
2010 | 31.18% | 131.21% |
2009 | 13.48% | -17.95% |
2008 | 16.43% | -58.9% |
2007 | 39.99% |
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.