According to Pigeon's latest financial reports and stock price the company's current Operating Margin is 13.50%. At the end of 2022 the company had an Operating Margin of 13.95%.
Year | Operating Margin | Change |
---|---|---|
2022 | 13.95% | -4.63% |
2021 | 14.62% | -8.43% |
2020 | 15.97% | -17.46% |
2019 | 19.35% | -5.16% |
2018 | 20.40% | 18.61% |
2017 | 17.20% | 5.93% |
2016 | 16.24% | 3.44% |
2015 | 15.70% | 10.22% |
2014 | 14.24% | 24.49% |
2013 | 11.44% | 40.97% |
2012 | 8.11% | 4.93% |
2011 | 7.73% | -1.86% |
2010 | 7.88% | 2.29% |
2009 | 7.70% | 33.32% |
2008 | 5.78% | -21.88% |
2007 | 7.40% | 38.12% |
2006 | 5.35% | -19.24% |
2005 | 6.63% |
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.