According to Medibank's latest financial reports and stock price the company's current Operating Margin is 9.69%. At the end of 2023 the company had an Operating Margin of 9.70%.
Year | Operating Margin | Change |
---|---|---|
2023 | 9.70% | 22.79% |
2022 | 7.90% | -12.45% |
2021 | 9.02% | 35.79% |
2020 | 6.64% | -27.23% |
2019 | 9.13% | 1.9% |
2018 | 8.96% | -1.31% |
2017 | 9.08% | 13.07% |
2016 | 8.03% | 35.14% |
2015 | 5.94% |
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.