Pirelli
PIRC.MI
Operating Margin for Pirelli (PIRC.MI)
Operating Margin as of May 2024 (TTM): 8.99%
According to Pirelli 's latest financial reports and stock price the company's current Operating Margin is 8.99%. At the end of 2022 the company had an Operating Margin of 10.89%.
Operating Margin history for Pirelli from 2009 to 2023
Operating Margin at the end of each year
| Year | Operating Margin | Change |
|---|---|---|
| 2022 | 10.89% | 3.67% |
| 2021 | 10.51% | 147.81% |
| 2020 | 4.24% | -70.2% |
| 2019 | 14.23% | 20.95% |
| 2018 | 11.77% | 11.16% |
| 2017 | 10.58% | 4.69% |
| 2016 | 10.11% | 1249.48% |
| 2015 | 0.75% | -92.87% |
| 2014 | 10.51% | -1.4% |
| 2013 | 10.66% | -8.23% |
| 2012 | 11.62% | 12.92% |
| 2011 | 10.29% | -31.54% |
| 2010 | 15.03% | 25.69% |
| 2009 | 11.96% | 178.47% |
| 2008 | 4.29% | -66.75% |
| 2007 | 12.92% | -218.92% |
| 2006 | -10.86% | -162.59% |
| 2005 | 17.35% | 241.71% |
| 2004 | 5.08% | -25.83% |
| 2003 | 6.85% | 15.91% |
| 2002 | 5.91% |
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.