According to Mindray's latest financial reports and stock price the company's current Operating Margin is 36.01%. At the end of 2022 the company had an Operating Margin of 36.07%.
Year | Operating Margin | Change |
---|---|---|
2022 | 36.07% | 1.09% |
2021 | 35.68% | 0.86% |
2020 | 35.38% | 9.11% |
2019 | 32.42% | 5.22% |
2018 | 30.82% | 17.47% |
2017 | 26.23% | 27.97% |
2016 | 20.50% | 50.78% |
2015 | 13.60% | -26.83% |
2014 | 18.58% |
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.