Sumitomo
8053.T
$24.78
Share price
-1.61%
Change (1 day)
35.93%
Change (1 year)
Categories
Operating Margin for Sumitomo (8053.T)
Operating Margin as of April 2024 (TTM): 10.90%
According to Sumitomo's latest financial reports and stock price the company's current Operating Margin is 10.90%. At the end of 2022 the company had an Operating Margin of 10.74%.
Operating Margin history for Sumitomo from 2009 to 2023
Operating Margin at the end of each year
| Year | Operating Margin | Change |
|---|---|---|
| 2022 | 10.74% | -629.38% |
| 2021 | -2.03% | -142.67% |
| 2020 | 4.75% | -37.18% |
| 2019 | 7.57% | -11.4% |
| 2018 | 8.54% | 60.19% |
| 2017 | 5.33% | 52.62% |
| 2016 | 3.49% | -808.11% |
| 2015 | -0.49% | -105.38% |
| 2014 | 9.17% | -13.29% |
| 2013 | 10.58% | 1.03% |
| 2012 | 10.47% | 15.72% |
| 2011 | 9.05% | 16.87% |
| 2010 | 7.74% | -14.96% |
| 2009 | 9.10% | -9.1% |
| 2008 | 10.01% | -7.17% |
| 2007 | 10.79% | 12.37% |
| 2006 | 9.60% | 29.98% |
| 2005 | 7.39% | 15.73% |
| 2004 | 6.38% |
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.