SABIC
2010.SR
#302
Rank
$62.26 B
Marketcap
$20.76
Share price
-0.26%
Change (1 day)
-9.60%
Change (1 year)

Operating Margin for SABIC (2010.SR)

Operating Margin as of July 2024 (TTM): 4.48%

According to SABIC's latest financial reports and stock price the company's current Operating Margin is 4.48%. At the end of 2023 the company had an Operating Margin of 4.87%.

Operating Margin history for SABIC from 2012 to 2024

Operating Margin at the end of each year

Year Operating Margin Change
20234.87%-66.63%
202214.59%-28.79%
202120.49%377.85%
20204.29%-45.46%
20197.86%-65.31%
201822.66%6.22%
201721.34%4.43%
201620.43%-2.47%
201520.95%-1.66%
201421.30%37.24%
201315.52%-32.3%
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.