According to Petro Rabigh 's latest financial reports and stock price the company's current Operating Margin is -8.51%. At the end of 2022 the company had an Operating Margin of 0.42%.
Year | Operating Margin | Change |
---|---|---|
2022 | 0.42% | -94.29% |
2021 | 7.40% | -171.98% |
2020 | -10.28% | -603.86% |
2019 | 2.04% | -36.1% |
2018 | 3.19% | -43.69% |
2017 | 5.67% | 242.6% |
2016 | 1.65% | -187.64% |
2015 | -1.89% | -207.74% |
2014 | 1.75% | 35.15% |
2013 | 1.30% | -7.63% |
2012 | 1.40% | -39.16% |
2011 | 2.31% | -22.23% |
2010 | 2.97% | -156.89% |
2009 | -5.21% | -77.69% |
2008 | -23.37% | -97.65% |
2007 | -993.84% | 844.7% |
2006 | -105.20% |
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.