Spring Airlines
601021.SS
$7.87
Share price
-2.71%
Change (1 day)
-15.83%
Change (1 year)
Categories
Operating Margin for Spring Airlines (601021.SS)
Operating Margin as of April 2024 (TTM): -16.80%
According to Spring Airlines 's latest financial reports and stock price the company's current Operating Margin is -16.80%. At the end of 2022 the company had an Operating Margin of -40.61%.
Operating Margin history for Spring Airlines from 2014 to 2023
Operating Margin at the end of each year
| Year | Operating Margin | Change |
|---|---|---|
| 2022 | -40.61% | -27614.15% |
| 2021 | 0.15% | -102.29% |
| 2020 | -6.45% | -139.71% |
| 2019 | 16.24% | 6.37% |
| 2018 | 15.27% | 1.44% |
| 2017 | 15.05% | -1.15% |
| 2016 | 15.23% | -31.69% |
| 2015 | 22.29% | 34.33% |
| 2014 | 16.59% | 10.34% |
| 2013 | 15.04% | 0.51% |
| 2012 | 14.96% | 2.42% |
| 2011 | 14.61% |
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.