According to Tessenderlo Group's latest financial reports and stock price the company's current Operating Margin is 11.17%. At the end of 2022 the company had an Operating Margin of 11.18%.
Year | Operating Margin | Change |
---|---|---|
2022 | 11.18% | 0.76% |
2021 | 11.09% | 44.25% |
2020 | 7.69% | 15.05% |
2019 | 6.68% | -6.84% |
2018 | 7.18% | 170.25% |
2017 | 2.65% | -65.34% |
2016 | 7.66% | 36.61% |
2015 | 5.61% | 57.07% |
2014 | 3.57% | -253.25% |
2013 | -2.33% | -72.36% |
2012 | -8.43% | -307.88% |
2011 | 4.05% | 223.74% |
2010 | 1.25% | -116.25% |
2009 | -7.71% | -205.46% |
2008 | 7.31% | 0.03% |
2007 | 7.31% | -1522.2% |
2006 | -0.51% | -121.36% |
2005 | 2.41% | -29.12% |
2004 | 3.39% | -187.29% |
2003 | -3.89% | -176.99% |
2002 | 5.05% |
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.