According to Epiroc's latest financial reports and stock price the company's current Operating Margin is 21.78%. At the end of 2022 the company had an Operating Margin of 22.13%.
Year | Operating Margin | Change |
---|---|---|
2022 | 22.13% | -3.57% |
2021 | 22.95% | 14.6% |
2020 | 20.03% | 2.45% |
2019 | 19.55% | 1.54% |
2018 | 19.25% | -0.41% |
2017 | 19.33% | 12.97% |
2016 | 17.11% | -6.66% |
2015 | 18.33% |
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.