According to Zignago Vetro's latest financial reports and stock price the company's current Operating Margin is 17.22%. At the end of 2023 the company had an Operating Margin of 27.08%.
Year | Operating Margin | Change |
---|---|---|
2023 | 27.08% | 38.56% |
2022 | 19.54% | -0.07% |
2021 | 19.56% | 41.65% |
2020 | 13.81% | -28.65% |
2019 | 19.35% | 4.33% |
2018 | 18.55% | 1.84% |
2017 | 18.21% | 16.23% |
2016 | 15.67% | 6.53% |
2015 | 14.71% | 14.54% |
2014 | 12.84% | -12.83% |
2013 | 14.73% | 0.1% |
2012 | 14.72% | -18.87% |
2011 | 18.14% | 0.81% |
2010 | 17.99% | 2.64% |
2009 | 17.53% | -2.59% |
2008 | 18.00% | 11.04% |
2007 | 16.21% | 22.59% |
2006 | 13.22% | 4.45% |
2005 | 12.66% |
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.