According to Midea's latest financial reports and stock price the company's current Operating Margin is 10.01%. At the end of 2021 the company had an Operating Margin of 10.22%.
Year | Operating Margin | Change |
---|---|---|
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% | 13.14% |
2013 | 8.78% | 2.12% |
2012 | 8.60% | 42.21% |
2011 | 6.04% | 9.99% |
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% |
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.