According to Saudi Advanced Industries Company's latest financial reports and stock price the company's current Operating Margin is 90.49%. At the end of 2023 the company had an Operating Margin of 88.29%.
Year | Operating Margin | Change |
---|---|---|
2023 | 88.29% | 0.13% |
2022 | 88.18% | -3.41% |
2021 | 91.29% | 15.35% |
2020 | 79.15% | 19.97% |
2019 | 65.97% | -22.44% |
2018 | 85.05% | -5.59% |
2017 | 90.09% | 32.28% |
2016 | 68.10% | 630.01% |
2015 | 9.33% | -84.05% |
2014 | 58.49% | -30.9% |
2013 | 84.65% | -152.88% |
2012 | -160.08% | -375.42% |
2011 | 58.12% | -26.71% |
2010 | 79.30% | -12.66% |
2009 | 90.80% | 4.5% |
2008 | 86.89% | 2.98% |
2007 | 84.37% | 287.29% |
2006 | 21.79% |
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.