According to Stelco's latest financial reports and stock price the company's current Operating Margin is 10.10%. At the end of 2022 the company had an Operating Margin of 36.38%.
Year | Operating Margin | Change |
---|---|---|
2022 | 36.38% | -15.82% |
2021 | 43.22% | -512.37% |
2020 | -10.48% | -1064.8% |
2019 | 1.09% | -89.44% |
2018 | 10.28% | |
2016 | -18.13% | -37.23% |
2015 | -28.88% | 134.63% |
2014 | -12.31% |
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.