SABIC
2010.SR
#301
Rank
$61.48 B
Marketcap
$20.49
Share price
-1.54%
Change (1 day)
-14.79%
Change (1 year)

Operating Margin for SABIC (2010.SR)

Operating Margin as of May 2024 (TTM): 10.80%

According to SABIC's latest financial reports and stock price the company's current Operating Margin is 10.80%. At the end of 2022 the company had an Operating Margin of 14.09%.

Operating Margin history for SABIC from 2012 to 2023

Operating Margin at the end of each year

Year Operating Margin Change
202214.09%-31.22%
202120.49%429.41%
20203.87%-62%
201910.19%-55.06%
201822.66%6.22%
201721.34%-4.7%
201622.39%6.88%
201520.95%45.64%
201414.38%-38.51%
201323.39%2.04%
201222.93%-29.93%
201132.72%2.42%
201031.94%15.04%
200927.77%85.3%
200814.99%-63.75%
200741.35%-5.52%
200643.76%

What is a company's Operating Margin

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.