According to Saudi Cable Company's latest financial reports and stock price the company's current Operating Margin is 81.84%. At the end of 2023 the company had an Operating Margin of 103.86%.
Year | Operating Margin | Change |
---|---|---|
2023 | 103.86% | -130.31% |
2022 | -342.67% | 429.97% |
2021 | -64.66% | 928.4% |
2020 | -6.29% | -24.27% |
2019 | -8.30% | 273.31% |
2018 | -2.22% | 1063.94% |
2017 | -0.19% | -98.13% |
2016 | -10.20% | -636.64% |
2015 | 1.90% | -141.7% |
2014 | -4.56% | 102.57% |
2013 | -2.25% | 21.89% |
2012 | -1.85% | -20.11% |
2011 | -2.31% | -79.56% |
2010 | -11.31% | -143.72% |
2009 | 25.86% | 1788.88% |
2008 | 1.37% | -92.17% |
2007 | 17.48% | -80.31% |
2006 | 88.79% |
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.