According to CG Power and Industrial Solutions's latest financial reports and stock price the company's current Operating Margin is 15.36%. At the end of 2023 the company had an Operating Margin of 14.37%.
Year | Operating Margin | Change |
---|---|---|
2023 | 14.37% | -23.93% |
2022 | 18.90% | -61.29% |
2021 | 48.81% | -208.22% |
2020 | -45.10% | 676.17% |
2019 | -5.81% | 12.91% |
2018 | -5.15% | -332.25% |
2017 | 2.22% | 31.93% |
2016 | 1.68% | -45.05% |
2015 | 3.06% | -16.71% |
2014 | 3.67% | 593.05% |
2013 | 0.53% | -89.17% |
2012 | 4.89% | -60.22% |
2011 | 12.29% | -5.56% |
2010 | 13.01% | 31.06% |
2009 | 9.92% | 10.22% |
2008 | 9.00% | 16.49% |
2007 | 7.73% | 15.03% |
2006 | 6.72% | 4.06% |
2005 | 6.46% | 17.54% |
2004 | 5.49% |
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.