According to Neoen's latest financial reports and stock price the company's current Operating Margin is 39.74%. At the end of 2022 the company had an Operating Margin of 39.75%.
Year | Operating Margin | Change |
---|---|---|
2022 | 39.75% | -3.15% |
2021 | 41.04% | 14.38% |
2020 | 35.88% | -20% |
2019 | 44.85% | 13.68% |
2018 | 39.45% | 16.75% |
2017 | 33.79% | 13.93% |
2016 | 29.66% | 38.05% |
2015 | 21.48% |
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.