Midea
000333.SZ
#308
Rank
$62.28 B
Marketcap
$8.94
Share price
1.43%
Change (1 day)
18.41%
Change (1 year)

Operating Margin for Midea (000333.SZ)

Operating Margin as of March 2024 (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
202210.64%4.17%
202110.22%-11.48%
202011.54%4.64%
201911.03%9.05%
201810.11%7.2%
20179.43%-21.6%
201612.03%3.38%
201511.64%17.18%
20149.93%12.95%
20138.79%2.23%
20128.60%42.28%
20116.05%10%
20105.50%-18.62%
20096.75%33.63%
20085.05%-1.4%
20075.13%7.05%
20064.79%30.4%
20053.67%3.05%
20043.56%2.61%
20033.47%

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.