According to Grรคnges's latest financial reports and stock price the company's current Operating Margin is 6.96%. At the end of 2023 the company had an Operating Margin of 5.60%.
Year | Operating Margin | Change |
---|---|---|
2023 | 5.60% | 55.15% |
2022 | 3.61% | -11.93% |
2021 | 4.10% | -0.63% |
2020 | 4.12% | -27.99% |
2019 | 5.73% | -12.91% |
2018 | 6.58% | -5.65% |
2017 | 6.97% | 0.48% |
2016 | 6.94% | -26.85% |
2015 | 9.48% | 7.2% |
2014 | 8.85% | -1.76% |
2013 | 9.00% | 34.55% |
2012 | 6.69% | 406.1% |
2011 | 1.32% |
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.