According to Mineral Resources's latest financial reports and stock price the company's current Operating Margin is 14.30%. At the end of 2022 the company had an Operating Margin of 14.31%.
Year | Operating Margin | Change |
---|---|---|
2022 | 14.31% | -70.2% |
2021 | 48.02% | -28.97% |
2020 | 67.60% | 333.05% |
2019 | 15.61% | -35.2% |
2018 | 24.09% | 21.65% |
2017 | 19.80% | -591.13% |
2016 | -4.03% | -148.53% |
2015 | 8.31% | -51.78% |
2014 | 17.23% | -24.63% |
2013 | 22.86% | -5.7% |
2012 | 24.24% | -29.37% |
2011 | 34.32% | 29.81% |
2010 | 26.44% | 22.59% |
2009 | 21.57% | -24.23% |
2008 | 28.46% | 57.75% |
2007 | 18.04% |
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.