Saudi Aramco
2222.SR
$8.03
Share price
-0.17%
Change (1 day)
-8.12%
Change (1 year)
Saudi Aramco is the Saudi Arabian national petroleum and natural gas company. As of 2020 it is the largest oil producing company in the world and has the world's second-largest proven crude oil reserves.
Operating Margin for Saudi Aramco (2222.SR)
Operating Margin as of April 2024 (TTM): 49.37%
According to Saudi Aramco's latest financial reports and stock price the company's current Operating Margin is 49.37%. At the end of 2022 the company had an Operating Margin of 50.87%.
Operating Margin history for Saudi Aramco from 2019 to 2023
Operating Margin at the end of each year
| Year | Operating Margin | Change |
|---|---|---|
| 2022 | 50.87% | -0.72% |
| 2021 | 51.24% | 18.61% |
| 2020 | 43.20% | -19.87% |
| 2019 | 53.91% | -9.82% |
| 2018 | 59.78% | 1.85% |
| 2017 | 58.69% | -2.89% |
| 2016 | 60.44% |
Operating Margin for similar companies or competitors
| Company | Operating Margin | Operating Margin differencediff. | Country |
|---|---|---|---|
 Shell SHEL | 13.26% | -73.14% | 🇬🇧 UK |
 BP BP | 6.38% | -87.08% | 🇬🇧 UK |
 Petrobras PBR | 43.00% | -12.90% | 🇧🇷 Brazil |
 Rosneft ROSN.ME | 15.32% | -68.97% | 🇷🇺 Russia |
 TotalEnergies TTE | 16.43% | -66.72% | 🇫🇷 France |
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.