According to Argo Investments's latest financial reports and stock price the company's current Operating Margin is 98.86%. At the end of 2022 the company had an Operating Margin of 98.86%.
Year | Operating Margin | Change |
---|---|---|
2022 | 98.86% | 2.1% |
2021 | 96.82% | -0.47% |
2020 | 97.28% | -0.74% |
2019 | 98.01% | 0.5% |
2018 | 97.52% | -0.18% |
2017 | 97.70% | 1.09% |
2016 | 96.65% | -0.2% |
2015 | 96.84% | 0.23% |
2014 | 96.62% | 0.38% |
2013 | 96.26% | -0.15% |
2012 | 96.41% | 0.13% |
2011 | 96.28% | -0.11% |
2010 | 96.38% | -199.89% |
2009 | -96.49% | -197.38% |
2008 | 99.09% | 1.54% |
2007 | 97.58% | 0.25% |
2006 | 97.34% | -0.07% |
2005 | 97.40% | 1.25% |
2004 | 96.20% | -0.23% |
2003 | 96.42% | 0.74% |
2002 | 95.71% |
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.