Saudi International Petrochemical Company (Sipchem)
2310.SR
$8.98
Share price
-0.30%
Change (1 day)
-10.29%
Change (1 year)
Categories
Operating Margin for Saudi International Petrochemical Company (Sipchem) (2310.SR)
Operating Margin as of May 2024 (TTM): 28.81%
According to Saudi International Petrochemical Company (Sipchem)'s latest financial reports and stock price the company's current Operating Margin is 28.81%. At the end of 2022 the company had an Operating Margin of 43.04%.
Operating Margin history for Saudi International Petrochemical Company (Sipchem) from 2011 to 2023
Operating Margin at the end of each year
| Year | Operating Margin | Change |
|---|---|---|
| 2022 | 43.04% | -8.52% |
| 2021 | 47.04% | 433.03% |
| 2020 | 8.83% | -35.61% |
| 2019 | 13.71% | -39.82% |
| 2018 | 22.77% | 5.81% |
| 2017 | 21.52% | 67.64% |
| 2016 | 12.84% | -16.96% |
| 2015 | 15.46% | -24.92% |
| 2014 | 20.59% | -2.61% |
| 2013 | 21.14% | -3.13% |
| 2012 | 21.83% | -44.73% |
| 2011 | 39.49% | 2.42% |
| 2010 | 38.56% | 197.84% |
| 2009 | 12.95% | -77.67% |
| 2008 | 57.97% | -8.22% |
| 2007 | 63.16% | 2.45% |
| 2006 | 61.65% |
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.