According to Viva Energy's latest financial reports and stock price the company's current Operating Margin is 2.79%. At the end of 2022 the company had an Operating Margin of 2.79%.
Year | Operating Margin | Change |
---|---|---|
2022 | 2.79% | 27.48% |
2021 | 2.19% | -245.82% |
2020 | -1.50% | -257.14% |
2019 | 0.96% | -49.67% |
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.