According to PetGas (Petronas Gas)'s latest financial reports and stock price the company's current Operating Margin is 35.09%. At the end of 2022 the company had an Operating Margin of 36.84%.
Year | Operating Margin | Change |
---|---|---|
2022 | 36.84% | -21.23% |
2021 | 46.77% | 0.19% |
2020 | 46.68% | 3.44% |
2019 | 45.12% | 5.48% |
2018 | 42.78% | -8.67% |
2017 | 46.84% | 1.41% |
2016 | 46.19% | 2.8% |
2015 | 44.93% | -16.19% |
2014 | 53.61% | 10.03% |
2013 | 48.72% | -5.52% |
2012 | 51.57% | -0.49% |
2011 | 51.82% | 34.24% |
2010 | 38.61% | 7.06% |
2009 | 36.06% | -19.15% |
2008 | 44.60% | 3.82% |
2007 | 42.96% | 19.01% |
2006 | 36.10% |
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.