According to The Saudi British Bank 's latest financial reports and stock price the company's current Operating Margin is 62.80%. At the end of 2022 the company had an Operating Margin of 59.39%.
Year | Operating Margin | Change |
---|---|---|
2022 | 59.39% | 20.88% |
2021 | 49.13% | -201.38% |
2020 | -48.47% | -239.1% |
2019 | 34.84% | -47.76% |
2018 | 66.69% | 19.37% |
2017 | 55.87% | -1.6% |
2016 | 56.78% | -12.93% |
2015 | 65.22% | -0.57% |
2014 | 65.59% | -0.1% |
2013 | 65.66% | 4.72% |
2012 | 62.70% | 14.38% |
2011 | 54.82% | 58.55% |
2010 | 34.57% | -0.2% |
2009 | 34.64% | -18.1% |
2008 | 42.30% | -8.06% |
2007 | 46.00% | -31.07% |
2006 | 66.74% |
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.