Saudi Automotive Services Company
4050.SR
#4918
Rank
ยฃ1.14 B
Marketcap
ยฃ16.42
Share price
-0.26%
Change (1 day)
48.82%
Change (1 year)

Operating Margin for Saudi Automotive Services Company (4050.SR)

Operating Margin as of November 2024 (TTM): 2.81%

According to Saudi Automotive Services Company's latest financial reports and stock price the company's current Operating Margin is 2.81%. At the end of 2022 the company had an Operating Margin of 2.82%.

Operating Margin history for Saudi Automotive Services Company from 2016 to 2024

Operating Margin at the end of each year

Year Operating Margin Change
20222.82%2.48%
20212.75%-36.17%
20204.31%-33.27%
20196.46%186.73%
20182.25%-27.03%
20173.09%5.37%
20162.93%-22.12%
20153.76%-80.49%
201419.27%57.69%
201312.22%-8.81%
201213.40%47.69%
20119.07%-16.17%
201010.82%22.79%
20098.81%-58.09%
200821.03%-1.32%
200721.31%88.1%
200611.33%

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.