Sumitomo
8053.T
#741
Rank
ยฃ21.02 B
Marketcap
ยฃ17.38
Share price
0.99%
Change (1 day)
-1.28%
Change (1 year)

Operating Margin for Sumitomo (8053.T)

Operating Margin as of September 2024 (TTM): 8.91%

According to Sumitomo's latest financial reports and stock price the company's current Operating Margin is 8.91%. At the end of 2023 the company had an Operating Margin of 10.60%.

Operating Margin history for Sumitomo from 2009 to 2024

Operating Margin at the end of each year

Year Operating Margin Change
202310.60%-1.25%
202210.74%-629.38%
2021-2.03%-142.67%
20204.75%-37.18%
20197.57%-11.4%
20188.54%60.19%
20175.33%52.62%
20163.49%-808.11%
2015-0.49%-105.38%
20149.17%-13.29%
201310.58%1.03%
201210.47%15.72%
20119.05%17.25%
20107.72%-15.23%
20099.10%-9.1%
200810.01%-7.17%
200710.79%12.37%
20069.60%29.98%
20057.39%15.73%
20046.38%243.24%
20031.86%

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.