According to Tunas Ridean's latest financial reports and stock price the company's current Operating Margin is 7.27%. At the end of 2021 the company had an Operating Margin of 6.33%.
Year | Operating Margin | Change |
---|---|---|
2021 | 6.33% | 168.41% |
2020 | 2.36% | -62.68% |
2019 | 6.32% | 9.62% |
2018 | 5.77% | 8.03% |
2017 | 5.34% | -14.36% |
2016 | 6.23% | 42.17% |
2015 | 4.38% | 30.6% |
2014 | 3.36% | -15.01% |
2013 | 3.95% | 0.77% |
2012 | 3.92% | -30.04% |
2011 | 5.60% | -0.66% |
2010 | 5.64% | 133.47% |
2009 | 2.42% | -44.67% |
2008 | 4.37% |
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.