According to Lumax Industries's latest financial reports and stock price the company's current Operating Margin is 6.69%. At the end of 2022 the company had an Operating Margin of 3.02%.
Year | Operating Margin | Change |
---|---|---|
2022 | 3.02% | 30.12% |
2021 | 2.32% | -59.52% |
2020 | 5.73% | -21.06% |
2019 | 7.26% | 22.79% |
2018 | 5.92% | 43.29% |
2017 | 4.13% | 26.1% |
2016 | 3.27% | 162.08% |
2015 | 1.25% | 267.99% |
2014 | 0.34% | -76.65% |
2013 | 1.45% | 5.87% |
2012 | 1.37% | -50.17% |
2011 | 2.76% | 173.91% |
2010 | 1.01% | -244.56% |
2009 | -0.70% | -117.52% |
2008 | 3.97% | -23.99% |
2007 | 5.23% |
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.