Becle
CUERVO.MX
$2.02
Share price
-1.31%
Change (1 day)
-15.95%
Change (1 year)
Categories
Operating Margin for Becle (CUERVO.MX)
Operating Margin as of May 2024 (TTM): 17.74%
According to Becle's latest financial reports and stock price the company's current Operating Margin is 17.74%. At the end of 2022 the company had an Operating Margin of 18.00%.
Operating Margin history for Becle from 2016 to 2023
Operating Margin at the end of each year
| Year | Operating Margin | Change |
|---|---|---|
| 2022 | 18.00% | 2.72% |
| 2021 | 17.52% | -10.43% |
| 2020 | 19.56% | 12.9% |
| 2019 | 17.33% | -5.19% |
| 2018 | 18.28% | -20.33% |
| 2017 | 22.94% | 19.38% |
| 2016 | 19.22% | -53.4% |
| 2015 | 41.24% | 66.55% |
| 2014 | 24.76% | 19.36% |
| 2013 | 20.74% |
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.