SABIC
2010.SR
$21.05
Share price
-1.13%
Change (1 day)
-16.10%
Change (1 year)
Categories
Operating Margin for SABIC (2010.SR)
Operating Margin as of April 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 |
|---|---|---|
| 2022 | 14.09% | -31.22% |
| 2021 | 20.49% | 429.41% |
| 2020 | 3.87% | -62% |
| 2019 | 10.19% | -55.06% |
| 2018 | 22.66% | 6.22% |
| 2017 | 21.34% | -4.7% |
| 2016 | 22.39% | 6.88% |
| 2015 | 20.95% | 45.64% |
| 2014 | 14.38% | -38.51% |
| 2013 | 23.39% | 2.04% |
| 2012 | 22.93% | -29.93% |
| 2011 | 32.72% | 2.42% |
| 2010 | 31.94% | 15.04% |
| 2009 | 27.77% | 85.3% |
| 2008 | 14.99% | -63.75% |
| 2007 | 41.35% | -5.52% |
| 2006 | 43.76% |
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.