According to OCB (Orient Commercial Joint Stock Bank)'s latest financial reports and stock price the company's current Operating Margin is 33.69%. At the end of 2024 the company had an Operating Margin of 37.50%.
Year | Operating Margin | Change |
---|---|---|
2024 | 37.50% | -7.74% |
2023 | 40.64% | -23.67% |
2022 | 53.25% | -13.67% |
2021 | 61.68% | 10.66% |
2020 | 55.74% | 10.87% |
2019 | 50.27% |
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.