According to Milkfood Limited's latest financial reports and stock price the company's current Operating Margin is 4.55%. At the end of 2023 the company had an Operating Margin of 2.46%.
Year | Operating Margin | Change |
---|---|---|
2023 | 2.46% | 235.33% |
2022 | 0.73% | -17.29% |
2021 | 0.89% | -44.3% |
2020 | 1.59% | -36.85% |
2019 | 2.52% | 27.37% |
2018 | 1.98% | -476.63% |
2017 | -0.53% | -228.68% |
2016 | 0.41% | -11.29% |
2015 | 0.46% | -37.29% |
2014 | 0.73% | 130.42% |
2013 | 0.32% | -34.45% |
2012 | 0.49% | -132.13% |
2011 | -1.51% | -4.55% |
2010 | -1.58% | -44.88% |
2009 | -2.87% |
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.