Michelin
ML.PA
Operating Margin for Michelin (ML.PA)
Operating Margin at the end of 2022: 9.29%
According to Michelin's latest financial reports and stock price the company's current Operating Margin is 9.28%. At the end of 2022 the company had an Operating Margin of 9.29%.
Operating Margin history for Michelin from 2002 to 2022
Operating Margin at the end of each year
| Year | Operating Margin | Change |
|---|---|---|
| 2022 | 9.29% | -10.54% |
| 2021 | 10.38% | 117.12% |
| 2020 | 4.78% | -48.37% |
| 2019 | 9.26% | -8.48% |
| 2018 | 10.12% | -5.56% |
| 2017 | 10.72% | -9.05% |
| 2016 | 11.79% | 33.68% |
| 2015 | 8.82% | 4.41% |
| 2014 | 8.44% | 0.45% |
| 2013 | 8.41% | -21.75% |
| 2012 | 10.74% | 11.52% |
| 2011 | 9.63% | 15.06% |
| 2010 | 8.37% | 498.93% |
| 2009 | 1.40% | -55.89% |
| 2008 | 3.17% | -50.09% |
| 2007 | 6.35% | 10.44% |
| 2006 | 5.75% | -31.05% |
| 2005 | 8.34% | 27.39% |
| 2004 | 6.55% | -11.99% |
| 2003 | 7.44% | -5.03% |
| 2002 | 7.83% |
What is a company's Operating Margin
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.