According to Formosa Plastics's latest financial reports and stock price the company's current Operating Margin is -0.94%. At the end of 2023 the company had an Operating Margin of 3.51%.
Year | Operating Margin | Change |
---|---|---|
2023 | 3.51% | -79.81% |
2022 | 17.40% | -44.61% |
2021 | 31.42% | 141.56% |
2020 | 13.01% | -35.97% |
2019 | 20.31% | -18.04% |
2018 | 24.78% | -6.69% |
2017 | 26.56% | 9.23% |
2016 | 24.32% | 32.73% |
2015 | 18.32% | 94.21% |
2014 | 9.43% | -12.27% |
2013 | 10.75% | 24.54% |
2012 | 8.63% | -54.23% |
2011 | 18.86% | -17.65% |
2010 | 22.90% | 39.16% |
2009 | 16.46% | 81.66% |
2008 | 9.06% | -65.4% |
2007 | 26.18% | 26.66% |
2006 | 20.67% |
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.