According to Sungrow Power Supply's latest financial reports and stock price the company's current Operating Margin is 11.74%. At the end of 2022 the company had an Operating Margin of 10.27%.
Year | Operating Margin | Change |
---|---|---|
2022 | 10.27% | 30.96% |
2021 | 7.84% | -30.68% |
2020 | 11.31% | 42.57% |
2019 | 7.93% | -10.83% |
2018 | 8.90% | -31.94% |
2017 | 13.07% | 17.48% |
2016 | 11.13% | 3.25% |
2015 | 10.78% | 1.36% |
2014 | 10.63% | 7.96% |
2013 | 9.85% | 24.2% |
2012 | 7.93% | -65.51% |
2011 | 23.00% | -20.05% |
2010 | 28.77% | 26.69% |
2009 | 22.71% | 150.38% |
2008 | 9.07% |
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.