Saudi Telecom Company
7010.SR
#355
Rank
$51.32 B
Marketcap
$10.30
Share price
-1.28%
Change (1 day)
-8.12%
Change (1 year)

Operating Margin for Saudi Telecom Company (7010.SR)

Operating Margin as of April 2024 (TTM): 20.85%

According to Saudi Telecom Company's latest financial reports and stock price the company's current Operating Margin is 20.85%. At the end of 2022 the company had an Operating Margin of 21.01%.

Operating Margin history for Saudi Telecom Company from 2012 to 2023

Operating Margin at the end of each year

Year Operating Margin Change
202221.01%0.52%
202120.90%-5.07%
202022.02%-3.87%
201922.90%-2.6%
201823.51%4.31%
201722.54%20.31%
201618.74%-11.5%
201521.17%-21.18%
201426.86%15.66%
201323.22%17.54%
201219.76%2.54%
201119.27%-21.78%
201024.64%-137.58%
2009-65.56%11.69%
2008-58.70%18.63%
2007-49.48%1.96%
2006-48.53%

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.