According to PTT Global Chemical's latest financial reports and stock price the company's current Operating Margin is -3.65%. At the end of 2022 the company had an Operating Margin of -0.01%.
Year | Operating Margin | Change |
---|---|---|
2022 | -0.01% | -100.09% |
2021 | 12.42% | 974.99% |
2020 | 1.16% | -69.8% |
2019 | 3.82% | -57.16% |
2018 | 8.93% | -20.66% |
2017 | 11.25% | 19.96% |
2016 | 9.38% | 38.18% |
2015 | 6.79% | 104.4% |
2014 | 3.32% | -55.11% |
2013 | 7.40% | 0.03% |
2012 | 7.40% | 136.37% |
2011 | 3.13% |
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.