According to Coles Group 's latest financial reports and stock price the company's current Operating Margin is 3.88%. At the end of 2024 the company had an Operating Margin of 3.89%.
Year | Operating Margin | Change |
---|---|---|
2024 | 3.89% | 3.82% |
2023 | 3.74% | -2.11% |
2022 | 3.83% | 0.42% |
2021 | 3.81% | 5.6% |
2020 | 3.61% | -5.4% |
2019 | 3.81% |
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.