According to PChem (Petronas Chemicals Group)'s latest financial reports and stock price the company's current Operating Margin is 17.42%. At the end of 2022 the company had an Operating Margin of 23.25%.
Year | Operating Margin | Change |
---|---|---|
2022 | 23.25% | -30.55% |
2021 | 33.49% | 158.97% |
2020 | 12.93% | -32.91% |
2019 | 19.27% | -33.22% |
2018 | 28.86% | -4.05% |
2017 | 30.08% | 1.44% |
2016 | 29.65% | 4.72% |
2015 | 28.32% | 16.4% |
2014 | 24.33% | -18.67% |
2013 | 29.91% | 9.12% |
2012 | 27.41% | -16.39% |
2011 | 32.78% | 18.78% |
2010 | 27.60% | -22.62% |
2009 | 35.67% | -25.08% |
2008 | 47.61% |
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.