According to Al Meera Consumer Goods Company's latest financial reports and stock price the company's current Operating Margin is 6.51%. At the end of 2022 the company had an Operating Margin of 6.97%.
Year | Operating Margin | Change |
---|---|---|
2022 | 6.97% | 0.59% |
2021 | 6.93% | 12.37% |
2020 | 6.16% | -0.73% |
2019 | 6.21% | 1.9% |
2018 | 6.09% | -10.34% |
2017 | 6.80% | -11.6% |
2016 | 7.69% | 18.38% |
2015 | 6.49% | -38.33% |
2014 | 10.53% | 5.01% |
2013 | 10.03% | 43.38% |
2012 | 6.99% | 5.28% |
2011 | 6.64% | -7.25% |
2010 | 7.16% | 14.52% |
2009 | 6.25% | -26.55% |
2008 | 8.52% | 37.87% |
2007 | 6.18% |
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.