According to Riyad Bank's latest financial reports and stock price the company's current Operating Margin is 58.77%. At the end of 2021 the company had an Operating Margin of 58.04%.
Year | Operating Margin | Change |
---|---|---|
2021 | 58.04% | 17.32% |
2020 | 49.47% | -14.89% |
2019 | 58.12% | 9.86% |
2018 | 52.90% | 8.93% |
2017 | 48.56% | 10.46% |
2016 | 43.97% | -13.49% |
2015 | 50.82% | -6.44% |
2014 | 54.33% | -2.34% |
2013 | 55.62% | 10.99% |
2012 | 50.11% | -586.52% |
2011 | -10.30% | -38.72% |
2010 | -16.81% | 55.83% |
2009 | -10.79% | 53.65% |
2008 | -7.02% | -14.64% |
2007 | -8.22% | 18.71% |
2006 | -6.93% |
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.