Al Obeikan Glass Company
9531.SR
#6904
Rank
โ‚น35.94 B
Marketcap
โ‚น1,123
Share price
1.32%
Change (1 day)
-9.31%
Change (1 year)

Operating Margin for Al Obeikan Glass Company (9531.SR)

Operating Margin as of November 2024 (TTM): 18.88%

According to Al Obeikan Glass Company's latest financial reports and stock price the company's current Operating Margin is 18.88%. At the end of 2022 the company had an Operating Margin of 36.71%.

Operating Margin history for Al Obeikan Glass Company from 2022 to 2023

Operating Margin at the end of each year

Year Operating Margin Change
202236.71%-5.34%
202138.78%

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.