According to Synlait Milk's latest financial reports and stock price the company's current Operating Margin is 3.56%. At the end of 2022 the company had an Operating Margin of 3.57%.
Year | Operating Margin | Change |
---|---|---|
2022 | 3.57% | -353.19% |
2021 | -1.41% | -115.13% |
2020 | 9.31% | -23.03% |
2019 | 12.10% | -5.73% |
2018 | 12.83% | 49.83% |
2017 | 8.56% | -25.53% |
2016 | 11.50% | 112.11% |
2015 | 5.42% | -3.15% |
2014 | 5.60% | -20.45% |
2013 | 7.04% |
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.