According to Artmarket.com's latest financial reports and stock price the company's current Operating Margin is 13.66%. At the end of 2023 the company had an Operating Margin of 13.67%.
Year | Operating Margin | Change |
---|---|---|
2023 | 13.67% | 19.72% |
2022 | 11.42% | -27.79% |
2021 | 15.81% | 7% |
2020 | 14.77% | -7.4% |
2019 | 15.96% | -9.17% |
2018 | 17.57% | 26.34% |
2017 | 13.91% | -8.2% |
2016 | 15.15% | -18.4% |
2015 | 18.56% | 171.16% |
2014 | 6.85% | -132.76% |
2013 | -20.90% | -1328.69% |
2012 | 1.70% | -4.47% |
2011 | 1.78% | -39.58% |
2010 | 2.95% | 197.5% |
2009 | 0.99% | -94.15% |
2008 | 16.93% | 408.93% |
2007 | 3.33% | -82.57% |
2006 | 19.08% |
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.