According to Sixt's latest financial reports and stock price the company's current Operating Margin is 12.12%. At the end of 2023 the company had an Operating Margin of 12.82%.
Year | Operating Margin | Change |
---|---|---|
2023 | 12.82% | -28.53% |
2022 | 17.94% | -7.38% |
2021 | 19.37% | -463.97% |
2020 | -5.32% | -143.19% |
2019 | 12.32% | -32.47% |
2018 | 18.25% | 65.32% |
2017 | 11.04% | 21.99% |
2016 | 9.05% | 6.46% |
2015 | 8.50% | -2.78% |
2014 | 8.74% | 5.06% |
2013 | 8.32% | 11.98% |
2012 | 7.43% | -16.35% |
2011 | 8.88% | 33.62% |
2010 | 6.65% | 603.7% |
2009 | 0.94% | -80.68% |
2008 | 4.89% | -44.29% |
2007 | 8.78% |
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.