According to Xiaomi's latest financial reports and stock price the company's current Operating Margin is 4.65%. At the end of 2022 the company had an Operating Margin of 1.40%.
Year | Operating Margin | Change |
---|---|---|
2022 | 1.40% | -81.11% |
2021 | 7.44% | -15.48% |
2020 | 8.80% | 48.91% |
2019 | 5.91% | -25.79% |
2018 | 7.96% | -121.82% |
2017 | -36.49% | -2224.47% |
2016 | 1.72% | -115.36% |
2015 | -11.18% |
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.