According to Thai Oil's latest financial reports and stock price the company's current Operating Margin is 2.33%. At the end of 2022 the company had an Operating Margin of 8.31%.
Year | Operating Margin | Change |
---|---|---|
2022 | 8.31% | 84.82% |
2021 | 4.50% | -436.77% |
2020 | -1.34% | -162.35% |
2019 | 2.14% | -32.58% |
2018 | 3.18% | -65.26% |
2017 | 9.14% | 5.18% |
2016 | 8.69% | 80.97% |
2015 | 4.80% | -505.2% |
2014 | -1.19% | -140.92% |
2013 | 2.90% | -10.26% |
2012 | 3.23% | -29.66% |
2011 | 4.59% | 21.51% |
2010 | 3.78% | -24.92% |
2009 | 5.03% | 968.59% |
2008 | 0.47% | -95.33% |
2007 | 10.09% | 28.99% |
2006 | 7.82% | -21.09% |
2005 | 9.91% | -9.33% |
2004 | 10.93% | 51.17% |
2003 | 7.23% |
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.