Middle East Specialized Cables Co.
2370
Rank in Stocks
#14480
Middle East Specialized Cables Company, together with its subsidiaries,... Middle East Specialized Cables Company, together with its subsidiaries, manufactures and sells fiber optic cables, steel insulated wires and cables, copper insulated wires and cables, and aluminum insulated wires and cables in Saudi Arabia and the United Arab Emirates. The company offers instrumentation and process cables for use in oil, gas and petrochemical, automation and process control, and marine and offshore industries; building wires that are used in new constructions; power and control cables that are used in construction and industrial applications; and data and communication cables, such as co-axial, LAN, computer, telephone, and system cables. It also manufactures PVC compounds for wire and cable insulation and sheathing applications; and flexible cables used in various applications, including machine tool manufacture, power stations, heating and air conditioning installations, etc. In addition, the company produces and sells fire cables used as a fixed wiring within buildings for fire alarms systems; irrigation cables used in commercial sprinkler and irrigation systems, golf courses, public parks, plantations, and commercial produce farms; and bare copper used in earthling electrical systems and overhead electrical transmission and distribution system. The company was incorporated in 1992 and is based in Riyadh, the Kingdom of Saudi Arabia.
Share Price
$7.99
Last synced: 2026-11-11
Market Cap
$319.75M
Change (1 day)
-1.51%
Change (1 year)
22.81%
Country
Stock data: Financial Modeling PrepΒ·Updated Β·Not investment adviceΒ·How we calculate this
Trade Middle East Specialized Cables Co. (2370)
Category
Industrials
Operating Margin for Middle East Specialized Cables Co. (2370)
Operating Margin as of November 2026 TTM: 9.72%
According to Middle East Specialized Cables Co.'s latest financial reports, its current operating margin (TTM) is 9.72%. At the end of 2025 the company had an operating margin of 9.79%.
Operating Margin history for Middle East Specialized Cables Co. from 2006 to 2026
Operating Margin at the end of each year
| Year | Operating Margin | Change |
|---|---|---|
| 2026 (TTM) | 9.72% | -0.72% |
| 2025 | 9.79% | 0.31% |
| 2024 | 9.76% | 17.31% |
| 2023 | 8.32% | 239.59% |
| 2022 | 2.45% | -299.19% |
| 2021 | -1.23% | -120.92% |
| 2020 | 5.88% | -384.06% |
| 2019 | -2.07% | -76.79% |
| 2018 | -8.92% | -285.45% |
| 2017 | 4.81% | 46.65% |
| 2016 | 3.28% | -124.35% |
| 2015 | -13.47% | -4,910.71% |
| 2014 | 0.28% | -94.74% |
| 2013 | 5.32% | 62.20% |
| 2012 | 3.28% | -96.72% |
| 2011 | 100.00% | 0.00% |
| 2010 | 100.00% | 0.00% |
| 2009 | 100.00% | 520.73% |
| 2008 | 16.11% | 21.04% |
| 2007 | 13.31% | -45.18% |
| 2006 | 24.28% | 0.00% |
Operating Margin for similar companies or competitors
| Company | Operating Margin | Operating Margin Difference | Country |
|---|---|---|---|
| 17.68% | -98.18% |
CH
|
|
| 16.36% | -98.32% |
CN
|
|
| 17.68% | -98.18% |
IE
|
|
| 20.30% | -97.91% |
US
|
|
| 12.43% | -98.72% |
TH
|
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.
Questions about Middle East Specialized Cables Co.'s operating margin
What is Middle East Specialized Cables Co.'s operating margin?
Middle East Specialized Cables Co.'s operating margin is 9.72%, as of Nov 2026.
What was Middle East Specialized Cables Co.'s operating margin in 2025?
In 2025, Middle East Specialized Cables Co.'s operating margin was 9.79%, compared with 9.76% in 2024.
How has Middle East Specialized Cables Co.'s operating margin changed since 2020?
From 2020 to 2025, Middle East Specialized Cables Co.'s operating margin was highest in 2025 (9.79%) and lowest in 2021 (-1.23%).
How does Middle East Specialized Cables Co.'s operating margin compare with similar companies?
Middle East Specialized Cables Co.'s operating margin (9.72%) is lower than that of all 5 similar companies listed above. The highest among them is Vertiv Holdings Co, with 20.30%.