According to Sumitomo Metal Mining's latest financial reports and stock price the company's current Operating Margin is 10.66%. At the end of 2022 the company had an Operating Margin of 28.62%.
Year | Operating Margin | Change |
---|---|---|
2022 | 28.62% | 106.88% |
2021 | 13.84% | 38.94% |
2020 | 9.96% | -7.53% |
2019 | 10.77% | -10.26% |
2018 | 12.00% | -9958.07% |
2017 | -0.12% | -119.17% |
2016 | 0.64% | -95.4% |
2015 | 13.81% | 0.11% |
2014 | 13.79% | -11.31% |
2013 | 15.55% | 44.46% |
2012 | 10.77% | -26.09% |
2011 | 14.57% | 23.29% |
2010 | 11.82% | 244.01% |
2009 | 3.43% | -82.54% |
2008 | 19.68% | -9.87% |
2007 | 21.83% | 42.37% |
2006 | 15.33% | 33.25% |
2005 | 11.51% | 38.91% |
2004 | 8.28% | -691.92% |
2003 | -1.40% | -49.29% |
2002 | -2.76% | -151.95% |
2001 | 5.31% |
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.