According to ASA Gold and Precious Metals's latest financial reports and stock price the company's current Operating Margin is 94.83%. At the end of 2021 the company had an Operating Margin of 94.83%.
Year | Operating Margin | Change |
---|---|---|
2021 | 94.83% | -4.52% |
2020 | 99.32% | 1.78% |
2019 | 97.58% | -191.52% |
2018 | -106.63% | -394.46% |
2017 | 36.21% | -62.39% |
2016 | 96.29% |
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.