According to Scandinavian Tobacco Group's latest financial reports and stock price the company's current Operating Margin is 21.26%. At the end of 2021 the company had an Operating Margin of 21.48%.
Year | Operating Margin | Change |
---|---|---|
2021 | 21.48% | 80.76% |
2020 | 11.88% | -13.93% |
2019 | 13.81% | 29.39% |
2018 | 10.67% | -19.02% |
2017 | 13.18% | -0.67% |
2016 | 13.27% | 1.04% |
2015 | 13.13% | -4.88% |
2014 | 13.80% | 21.04% |
2013 | 11.40% | -19.09% |
2012 | 14.10% |
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.