According to Riyad Bank's latest financial reports and stock price the company's current Operating Margin is 61.55%. At the end of 2024 the company had an Operating Margin of 60.26%.
Year | Operating Margin | Change |
---|---|---|
2024 | 60.26% | 5.86% |
2023 | 56.93% | -3.08% |
2022 | 58.74% | 1.21% |
2021 | 58.04% | 17.32% |
2020 | 49.47% | -14.89% |
2019 | 58.12% | 10% |
2018 | 52.84% | 8.8% |
2017 | 48.57% | 10.46% |
2016 | 43.97% | -13.74% |
2015 | 50.97% | -6.17% |
2014 | 54.33% | -2.34% |
2013 | 55.62% | 10.99% |
2012 | 50.11% | -0.14% |
2011 | 50.18% | -398.55% |
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.