The Saudi Arabian Amiantit Company
2160.SR
#7130
Rank
โ‚น31.95 B
Marketcap
โ‚น717.97
Share price
-0.78%
Change (1 day)
-23.34%
Change (1 year)

Operating Margin for The Saudi Arabian Amiantit Company (2160.SR)

Operating Margin as of November 2024 (TTM): 61.92%

According to The Saudi Arabian Amiantit Company's latest financial reports and stock price the company's current Operating Margin is 61.92%. At the end of 2023 the company had an Operating Margin of -4.35%.

Operating Margin history for The Saudi Arabian Amiantit Company from 2012 to 2024

Operating Margin at the end of each year

Year Operating Margin Change
2023-4.35%-254.23%
20222.82%-108.35%
2021-33.74%-57.43%
2020-79.26%92.54%
2019-41.16%114.43%
2018-19.20%48.24%
2017-12.95%-7.02%
2016-13.93%-454.04%
20153.93%0.01%
20143.93%-10.4%
20134.39%8.23%
20124.06%-62.9%
201110.93%-33.24%
201016.38%-14.96%
200919.26%11.34%
200817.30%43.84%
200712.02%881.23%
20061.23%

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.