According to Gree Electric Appliances 's latest financial reports and stock price the company's current Operating Margin is 19.32%. At the end of 2023 the company had an Operating Margin of 16.01%.
Year | Operating Margin | Change |
---|---|---|
2023 | 16.01% | 11.83% |
2022 | 14.31% | 1.28% |
2021 | 14.13% | -8.41% |
2020 | 15.43% | 5.41% |
2019 | 14.64% | -6.37% |
2018 | 15.63% | -11.87% |
2017 | 17.74% | 5.18% |
2016 | 16.87% | 13.77% |
2015 | 14.83% | 23.9% |
2014 | 11.97% | 11.42% |
2013 | 10.74% | 22.69% |
2012 | 8.75% | 15.51% |
2011 | 7.58% | -8.87% |
2010 | 8.32% | 4.89% |
2009 | 7.93% | 39.04% |
2008 | 5.70% | 52.07% |
2007 | 3.75% | 16.44% |
2006 | 3.22% | -3.53% |
2005 | 3.34% | -8.52% |
2004 | 3.65% | -8.48% |
2003 | 3.99% | -20.75% |
2002 | 5.03% | 2.52% |
2001 | 4.91% |
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.