According to Saigon Thuong Tin Commercial Bank's latest financial reports and stock price the company's current Operating Margin is 40.46%. At the end of 2023 the company had an Operating Margin of 38.69%.
Year | Operating Margin | Change |
---|---|---|
2023 | 38.69% | -4.54% |
2022 | 40.52% | 50.79% |
2021 | 26.87% | 35.24% |
2020 | 19.87% | -18.77% |
2019 | 24.46% | 18.52% |
2018 | 20.64% | 18.11% |
2017 | 17.48% | 601.98% |
2016 | 2.49% | -76.44% |
2015 | 10.57% | -69.86% |
2014 | 35.07% | -9.6% |
2013 | 38.80% | 98.7% |
2012 | 19.53% | -52.05% |
2011 | 40.72% | -12.97% |
2010 | 46.78% | -9.55% |
2009 | 51.72% | 10.11% |
2008 | 46.97% |
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.