Sinopec
600028.SS
Operating Margin for Sinopec (600028.SS)
Operating Margin as of May 2023 (TTM): 3.13%
According to Sinopec's latest financial reports and stock price the company's current Operating Margin is 3.13%. At the end of 2021 the company had an Operating Margin of 3.98%.
Operating Margin history for Sinopec from 2002 to 2023
Operating Margin at the end of each year
| Year | Operating Margin | Change |
|---|---|---|
| 2021 | 3.98% | 74.23% |
| 2020 | 2.29% | -24.6% |
| 2019 | 3.03% | -11.56% |
| 2018 | 3.43% | -6.68% |
| 2017 | 3.67% | -11.51% |
| 2016 | 4.15% | 48.91% |
| 2015 | 2.79% | 20.26% |
| 2014 | 2.32% | -29.76% |
| 2013 | 3.30% | 1.43% |
| 2012 | 3.25% | -22.04% |
| 2011 | 4.17% | -23% |
| 2010 | 5.42% | -9.52% |
| 2009 | 5.99% | 259.04% |
| 2008 | 1.67% | -75.76% |
| 2007 | 6.88% | -1.78% |
| 2006 | 7.01% | -8.84% |
| 2005 | 7.69% | -15.05% |
| 2004 | 9.05% | 26.01% |
| 2003 | 7.18% | 6.03% |
| 2002 | 6.77% | -4.33% |
| 2001 | 7.08% |
Operating Margin for similar companies or competitors
| Company | Operating Margin | Operating Margin differencediff. | Country |
|---|---|---|---|
 PetroChina 601857.SS | 17.10% | 446.33% | 🇨🇳 China |
 BP BP | 9.65% | 208.31% | 🇬🇧 UK |
 ConocoPhillips COP | 35.96% | 1,048.88% | 🇺🇸 USA |
 Exxon Mobil XOM | 21.79% | 596.17% | 🇺🇸 USA |
 Delek US DK | 1.75% | -44.09% | 🇺🇸 USA |
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.