According to Makkah Construction & Development's latest financial reports and stock price the company's current Operating Margin is 46.31%. At the end of 2022 the company had an Operating Margin of 43.81%.
Year | Operating Margin | Change |
---|---|---|
2022 | 43.81% | 472.47% |
2021 | 7.65% | -85.89% |
2020 | 54.25% | -5.88% |
2019 | 57.64% | |
2017 | 100.00% | 22.66% |
2016 | 81.53% | -1.62% |
2015 | 82.87% | 1.18% |
2014 | 81.91% | -8.47% |
2013 | 89.49% | 1.18% |
2012 | 88.44% | 26.17% |
2011 | 70.10% | 5.44% |
2010 | 66.49% | 11.66% |
2009 | 59.55% | -31.92% |
2008 | 87.47% | 6.05% |
2007 | 82.48% |
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.