According to Neoen's latest financial reports and stock price the company's current Operating Margin is 75.83%. At the end of 2023 the company had an Operating Margin of 75.84%.
Year | Operating Margin | Change |
---|---|---|
2023 | 75.84% | 90.81% |
2022 | 39.75% | -3.15% |
2021 | 41.04% | 14.38% |
2020 | 35.88% | -20% |
2019 | 44.85% | 7.2% |
2018 | 41.84% | 14.1% |
2017 | 36.67% | 23.62% |
2016 | 29.66% | 38.05% |
2015 | 21.48% |
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.