According to IGM Financial's latest financial reports and stock price the company's current Operating Margin is 39.58%. At the end of 2022 the company had an Operating Margin of 32.50%.
Year | Operating Margin | Change |
---|---|---|
2022 | 32.50% | -8.03% |
2021 | 35.33% | 15.32% |
2020 | 30.64% | -1.08% |
2019 | 30.97% | -2.65% |
2018 | 31.82% | 24.02% |
2017 | 25.66% | -20.33% |
2016 | 32.20% | -5.19% |
2015 | 33.97% | -0.36% |
2014 | 34.09% | -9.82% |
2013 | 37.80% | -1.62% |
2012 | 38.42% | -7.92% |
2011 | 41.73% | 4.11% |
2010 | 40.08% | 13.21% |
2009 | 35.40% | -7.42% |
2008 | 38.24% | -13.01% |
2007 | 43.96% | -0.17% |
2006 | 44.03% | 2.05% |
2005 | 43.15% | -0% |
2004 | 43.15% | -9.4% |
2003 | 47.63% | 7.1% |
2002 | 44.47% | 44.65% |
2001 | 30.74% |
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.