OpenText
OTEX
#1948
Rank
$7.88 B
Marketcap
$29.25
Share price
2.31%
Change (1 day)
-29.74%
Change (1 year)

Operating Margin for OpenText (OTEX)

Operating Margin as of June 2024 (TTM): 14.76%

According to OpenText's latest financial reports and stock price the company's current Operating Margin is 14.76%. At the end of 2022 the company had an Operating Margin of 14.77%.

Operating Margin history for OpenText from 2001 to 2023

Operating Margin at the end of each year

Year Operating Margin Change
202214.77%-23.15%
202119.22%73.13%
202011.10%-27.72%
201915.36%11.97%
201813.72%25.92%
201710.89%-31.67%
201615.94%10.96%
201514.37%-15.6%
201417.02%30.21%
201313.07%14.92%
201211.37%-11.41%
201112.84%31.77%
20109.74%-5.23%
200910.28%-2.49%
200810.54%93.92%
20075.44%130.75%
20062.36%-64.55%
20056.65%-39.35%
200410.96%-37.04%
200317.41%56.48%
200211.12%36.62%
20018.14%

Operating Margin for similar companies or competitors

Company Operating Margin Operating Margin differencediff. Country
42.14% 185.50%๐Ÿ‡บ๐Ÿ‡ธ USA
34.12% 131.17%๐Ÿ‡บ๐Ÿ‡ธ USA
17.72% 20.05%๐Ÿ‡ฉ๐Ÿ‡ช Germany
3.08%-79.13%๐Ÿ‡บ๐Ÿ‡ธ USA
18.90% 28.05%๐Ÿ‡บ๐Ÿ‡ธ USA
7.05%-52.24%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.