Walmex
WMMVF
#293
Rank
$61.06 B
Marketcap
$3.50
Share price
-7.03%
Change (1 day)
-9.79%
Change (1 year)

Operating Margin for Walmex (WMMVF)

Operating Margin as of April 2024 (TTM): 8.55%

According to Walmex's latest financial reports and stock price the company's current Operating Margin is 8.55%. At the end of 2022 the company had an Operating Margin of 7.74%.

Operating Margin history for Walmex from 2008 to 2023

Operating Margin at the end of each year

Year Operating Margin Change
20227.74%-0.63%
20217.78%10.43%
20207.05%-7.33%
20197.61%-3.96%
20187.92%4.88%
20177.55%2.74%
20167.35%2.7%
20157.16%-9.37%
20147.90%5.38%
20137.49%-5.46%
20127.93%-0.02%
20117.93%-3.63%
20108.23%-3.34%
20098.51%4.98%
20088.11%-8.38%
20078.85%0.79%
20068.78%8.11%
20058.12%10.26%
20047.37%10.26%
20036.68%-0.72%
20026.73%-3.64%
20016.98%

Operating Margin for similar companies or competitors

Company Operating Margin Operating Margin differencediff. Country
2.78%-67.49%๐Ÿ‡บ๐Ÿ‡ธ USA
3.45%-59.65%๐Ÿ‡บ๐Ÿ‡ธ USA
7.98%-6.67%๐Ÿ‡บ๐Ÿ‡ธ USA
6.69%-21.75%๐Ÿ‡บ๐Ÿ‡ธ USA
2.24%-73.80%๐Ÿ‡บ๐Ÿ‡ธ USA
3.08%-63.98%๐Ÿ‡บ๐Ÿ‡ธ USA
3.76%-56.02%๐Ÿ‡บ๐Ÿ‡ธ USA

What is a company's Operating Margin

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.