Petrovietnam Gas
GAS.VN
#2234
Rank
$6.98 B
Marketcap
$2.98
Share price
0.41%
Change (1 day)
-19.14%
Change (1 year)

Operating Margin for Petrovietnam Gas (GAS.VN)

Operating Margin as of September 2024 (TTM): 14.05%

According to Petrovietnam Gas's latest financial reports and stock price the company's current Operating Margin is 14.05%. At the end of 2023 the company had an Operating Margin of 16.65%.

Operating Margin history for Petrovietnam Gas from 2013 to 2024

Operating Margin at the end of each year

Year Operating Margin Change
202316.65%-12.38%
202219.01%30.44%
202114.57%-7.29%
202015.72%-22.78%
201920.35%2.73%
201819.81%-0.66%
201719.94%23.86%
201616.10%-9.11%
201517.72%-29.14%
201425.00%1.98%
201324.52%30.83%
201218.74%41.91%
201113.21%5.43%
201012.53%-8.6%
200913.70%-39.67%
200822.72%

What is a company's Operating Margin

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.