Saudi Company for Hardware (SACO)
4008.SR
#7708
Rank
$0.26 B
Marketcap
$8.46
Share price
-1.70%
Change (1 day)
-12.92%
Change (1 year)

Operating Margin for Saudi Company for Hardware (SACO) (4008.SR)

Operating Margin as of December 2024 (TTM): -1.87%

According to Saudi Company for Hardware (SACO)'s latest financial reports and stock price the company's current Operating Margin is -1.87%. At the end of 2023 the company had an Operating Margin of -7.10%.

Operating Margin history for Saudi Company for Hardware (SACO) from 2014 to 2024

Operating Margin at the end of each year

Year Operating Margin Change
2023-7.10%-37.66%
2022-11.39%754.79%
2021-1.33%-119.37%
20206.88%37.22%
20195.01%-36.27%
20187.87%-21.18%
20179.98%-5.03%
201610.51%-0.24%
201510.54%-2.81%
201410.84%

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.