COSCO Shipping
601919.SS
#689
Rank
โ‚ฌ28.18 B
Marketcap
1,86ย โ‚ฌ
Share price
-2.62%
Change (1 day)
47.99%
Change (1 year)

Operating Margin for COSCO Shipping (601919.SS)

Operating Margin as of November 2024 (TTM): 17.96%

According to COSCO Shipping's latest financial reports and stock price the company's current Operating Margin is 17.96%. At the end of 2022 the company had an Operating Margin of 42.73%.

Operating Margin history for COSCO Shipping from 2008 to 2024

Operating Margin at the end of each year

Year Operating Margin Change
202242.73%11.39%
202138.36%371.01%
20208.14%3.15%
20197.90%148.1%
20183.18%-49.52%
20176.30%-152.23%
2016-12.07%-446.12%
20153.49%342.49%
20140.79%-86.96%
20136.04%-158.9%
2012-10.26%-9.42%
2011-11.33%-199.31%
201011.41%-200.72%
2009-11.33%-188.5%
200812.80%-50.87%
200726.05%57.99%
200616.49%-14.56%
200519.30%20.29%
200416.05%58.04%
200310.15%-348.73%
2002-4.08%

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.