Saudi International Petrochemical Company (Sipchem)
2310.SR
#1896
Rank
$7.21 B
Marketcap
$9.59
Share price
2.56%
Change (1 day)
-18.03%
Change (1 year)

Operating Margin for Saudi International Petrochemical Company (Sipchem) (2310.SR)

Operating Margin as of February 2023 (TTM): 45.21%

According to Saudi International Petrochemical Company (Sipchem)'s latest financial reports and stock price the company's current Operating Margin is 45.21%. At the end of 2021 the company had an Operating Margin of 47.04%.

Operating Margin history for Saudi International Petrochemical Company (Sipchem) from 2011 to 2022

Operating Margin at the end of each year

Year Operating Margin Change
202147.04%433.03%
20208.83%-35.61%
201913.71%-39.82%
201822.77%5.81%
201721.52%67.64%
201612.84%-16.96%
201515.46%-24.92%
201420.59%-2.61%
201321.14%-3.13%
201221.83%-44.73%
201139.49%2.42%
201038.56%197.84%
200912.95%-77.67%
200857.97%-8.22%
200763.16%2.45%
200661.65%

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.