COSCO Shipping Energy
600026.SS
#2117
Rank
S$11.45 B
Marketcap
S$2.10
Share price
-1.97%
Change (1 day)
-6.05%
Change (1 year)

Operating Margin for COSCO Shipping Energy (600026.SS)

Operating Margin at the end of 2024: 22.66%

According to COSCO Shipping Energy's latest financial reports and stock price the company's current Operating Margin is 22.66%. At the end of 2024 the company had an Operating Margin of 22.66%.

Operating Margin history for COSCO Shipping Energy from 2001 to 2024

Operating Margin at the end of each year

Year Operating Margin Change
202422.66%6.69%
202321.24%43.27%
202214.83%-141.41%
2021-35.80%-300.57%
202017.85%144.45%
20197.30%113.91%
20183.41%-84.21%
201721.62%29.93%
201616.64%118.2%
20157.63%190.71%
20142.62%-113.03%
2013-20.13%577.86%
2012-2.97%-129.34%
201110.12%-46.81%
201019.03%26.46%
200915.05%-58.91%
200836.63%-13.59%
200742.39%21.07%
200635.01%-3.89%
200536.43%7.36%
200433.93%52.18%
200322.30%41.1%
200215.80%37.21%
200111.52%

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.