According to Becle's latest financial reports and stock price the company's current Operating Margin is 17.11%. At the end of 2022 the company had an Operating Margin of 18.00%.
Year | Operating Margin | Change |
---|---|---|
2022 | 18.00% | 2.72% |
2021 | 17.52% | -10.43% |
2020 | 19.56% | 12.9% |
2019 | 17.33% | -5.19% |
2018 | 18.28% | -20.33% |
2017 | 22.94% | 19.38% |
2016 | 19.22% | -53.4% |
2015 | 41.24% | 66.55% |
2014 | 24.76% | 19.36% |
2013 | 20.74% |
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.