According to Max Financial Services 's latest financial reports and stock price the company's current Operating Margin is 1.51%. At the end of 2023 the company had an Operating Margin of 1.68%.
Year | Operating Margin | Change |
---|---|---|
2023 | 1.68% | 34.01% |
2022 | 1.25% | -34.01% |
2021 | 1.90% | -22.25% |
2020 | 2.44% | -9.56% |
2019 | 2.70% | -37.85% |
2018 | 4.34% | -33.82% |
2017 | 6.56% | 29.1% |
2016 | 5.08% | -0.35% |
2015 | 5.10% | 69.83% |
2014 | 3.00% | -75.21% |
2013 | 12.12% | 328.07% |
2012 | 2.83% | 600.09% |
2011 | 0.40% | -176.2% |
2010 | -0.53% | -92.81% |
2009 | -7.38% | 511.59% |
2008 | -1.21% | -57.33% |
2007 | -2.83% | -112.89% |
2006 | 21.94% | -117.83% |
2005 | -123.09% | 72.57% |
2004 | -71.33% |
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.