According to Daido Steel's latest financial reports and stock price the company's current Operating Margin is 7.78%. At the end of 2024 the company had an Operating Margin of 7.79%.
Year | Operating Margin | Change |
---|---|---|
2024 | 7.79% | -14.18% |
2023 | 9.08% | 17.99% |
2022 | 7.69% | 215.45% |
2021 | 2.44% | -43.51% |
2020 | 4.32% | -29.17% |
2019 | 6.09% | -16.4% |
2018 | 7.29% | 18.62% |
2017 | 6.15% | 88.95% |
2016 | 3.25% | -19.21% |
2015 | 4.03% | -12.1% |
2014 | 4.58% | 9.12% |
2013 | 4.20% | -32.05% |
2012 | 6.18% | -5.49% |
2011 | 6.54% | -260.36% |
2010 | -4.08% | -2163.54% |
2009 | 0.20% | -96.88% |
2008 | 6.32% | -1.76% |
2007 | 6.44% | -19.48% |
2006 | 8.00% | 80.23% |
2005 | 4.44% |
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.