According to Sadr Logistics Company's latest financial reports and stock price the company's current Operating Margin is -7.11%. At the end of 2023 the company had an Operating Margin of 0.52%.
Year | Operating Margin | Change |
---|---|---|
2023 | 0.52% | -123.99% |
2022 | -2.18% | -128.04% |
2021 | 7.76% | 9.83% |
2020 | 7.07% | -383.57% |
2019 | -2.49% | -208.57% |
2018 | 2.30% | -83.19% |
2017 | 13.66% |
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.