According to Ngern Tid Lor's latest financial reports and stock price the company's current Operating Margin is 28.10%. At the end of 2022 the company had an Operating Margin of 41.49%.
Year | Operating Margin | Change |
---|---|---|
2022 | 41.49% | 9.42% |
2021 | 37.92% | 11.59% |
2020 | 33.98% | -1.76% |
2019 | 34.59% |
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.