According to Sumitomo Chemical 's latest financial reports and stock price the company's current Operating Margin is -2.80%. At the end of 2022 the company had an Operating Margin of 9.08%.
Year | Operating Margin | Change |
---|---|---|
2022 | 9.08% | 50.72% |
2021 | 6.03% | 2.79% |
2020 | 5.86% | -27.85% |
2019 | 8.12% | -26.1% |
2018 | 10.99% | 47.97% |
2017 | 7.43% | -0.9% |
2016 | 7.50% | 52.68% |
2015 | 4.91% | 27.81% |
2014 | 3.84% | 507.75% |
2013 | 0.63% | -48.58% |
2012 | 1.23% | -67.81% |
2011 | 3.82% | 49.87% |
2010 | 2.55% | -193.47% |
2009 | -2.73% | -140.31% |
2008 | 6.76% | -33.15% |
2007 | 10.11% | -0.72% |
2006 | 10.19% | 8.56% |
2005 | 9.39% | 50.35% |
2004 | 6.24% | 9.72% |
2003 | 5.69% | 0.3% |
2002 | 5.67% | -8.28% |
2001 | 6.18% |
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.