Midea
000333.SZ
$7.69
Share price
0.34%
Change (1 day)
-0.65%
Change (1 year)
Categories
Operating Margin for Midea (000333.SZ)
Operating Margin as of September 2023 (TTM): 10.30%
According to Midea's latest financial reports and stock price the company's current Operating Margin is 10.30%. At the end of 2022 the company had an Operating Margin of 10.64%.
Operating Margin history for Midea from 2008 to 2023
Operating Margin at the end of each year
| Year | Operating Margin | Change |
|---|---|---|
| 2022 | 10.64% | 4.17% |
| 2021 | 10.22% | -11.48% |
| 2020 | 11.54% | 4.64% |
| 2019 | 11.03% | 9.05% |
| 2018 | 10.11% | 7.2% |
| 2017 | 9.43% | -21.6% |
| 2016 | 12.03% | 3.38% |
| 2015 | 11.64% | 17.18% |
| 2014 | 9.93% | 12.95% |
| 2013 | 8.79% | 2.23% |
| 2012 | 8.60% | 42.28% |
| 2011 | 6.05% | 10% |
| 2010 | 5.50% | -18.62% |
| 2009 | 6.75% | 33.63% |
| 2008 | 5.05% | -1.4% |
| 2007 | 5.13% | 7.05% |
| 2006 | 4.79% | 30.4% |
| 2005 | 3.67% | 3.05% |
| 2004 | 3.56% | 2.61% |
| 2003 | 3.47% |
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.