According to VEON's latest financial reports and stock price the company's current Operating Margin is 28.52%. At the end of 2023 the company had an Operating Margin of 15.12%.
Year | Operating Margin | Change |
---|---|---|
2023 | 15.12% | -29.22% |
2022 | 21.36% | 77.22% |
2021 | 12.05% | 12.51% |
2020 | 10.71% | -17% |
2019 | 12.91% | -572.85% |
2018 | -2.73% | -178.84% |
2017 | 3.46% | 6.81% |
2016 | 3.24% | -152.33% |
2015 | -6.19% | -322.75% |
2014 | 2.78% | -127.04% |
2013 | -10.28% | -203.93% |
2012 | 9.90% | 134.78% |
2011 | 4.21% | -81.88% |
2010 | 23.26% | 30.38% |
2009 | 17.84% | 102.48% |
2008 | 8.81% | -70.21% |
2007 | 29.57% | 18.75% |
2006 | 24.90% |
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.