According to PTT Oil and Retail Business's latest financial reports and stock price the company's current Operating Margin is 0.84%. At the end of 2022 the company had an Operating Margin of 1.65%.
Year | Operating Margin | Change |
---|---|---|
2022 | 1.65% | -40.58% |
2021 | 2.77% | 12.5% |
2020 | 2.46% | 9.17% |
2019 | 2.26% | 13.84% |
2018 | 1.98% |
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.