According to Orient Cement 's latest financial reports and stock price the company's current Operating Margin is 7.82%. At the end of 2022 the company had an Operating Margin of 14.85%.
Year | Operating Margin | Change |
---|---|---|
2022 | 14.85% | 3.42% |
2021 | 14.36% | 152.93% |
2020 | 5.68% | 91.28% |
2019 | 2.97% | -5.91% |
2018 | 3.16% | -188.83% |
2017 | -3.55% | -188.8% |
2016 | 4.00% | -75.46% |
2015 | 16.30% | 52.4% |
2014 | 10.69% | -35.84% |
2013 | 16.67% |
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.