According to Viva Energy's latest financial reports and stock price the company's current Operating Margin is 2.15%. At the end of 2021 the company had an Operating Margin of 2.16%.
Year | Operating Margin | Change |
---|---|---|
2021 | 2.16% | -243.71% |
2020 | -1.50% | -255.56% |
2019 | 0.97% | -49.15% |
2018 | 1.90% |
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.