According to Prysmian Group 's latest financial reports and stock price the company's current Operating Margin is 5.91%. At the end of 2022 the company had an Operating Margin of 4.60%.
Year | Operating Margin | Change |
---|---|---|
2022 | 4.60% | 23.07% |
2021 | 3.74% | 48.55% |
2020 | 2.52% | -34.73% |
2019 | 3.85% | 97.75% |
2018 | 1.95% | -49.51% |
2017 | 3.86% | -20.62% |
2016 | 4.86% | 15.48% |
2015 | 4.21% | 67.48% |
2014 | 2.51% | -17.62% |
2013 | 3.05% | -1.82% |
2012 | 3.11% | -333.43% |
2011 | -1.33% | -128.58% |
2010 | 4.66% | -48.41% |
2009 | 9.03% | 62.46% |
2008 | 5.56% | -26.13% |
2007 | 7.53% | 157.33% |
2006 | 2.92% | -594.27% |
2005 | -0.59% |
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.