Portillo's
PTLO
$10.02
Share price
0.30%
Change (1 day)
-51.00%
Change (1 year)
Categories
Operating Margin for Portillo's (PTLO)
Operating Margin as of June 2024 (TTM): 7.46%
According to Portillo's's latest financial reports and stock price the company's current Operating Margin is 7.46%. At the end of 2021 the company had an Operating Margin of -3.17%.
Operating Margin history for Portillo's from 2021 to 2023
Operating Margin at the end of each year
| Year | Operating Margin | Change |
|---|---|---|
| 2021 | -3.17% | -217.66% |
| 2020 | 2.69% | 132.36% |
| 2019 | 1.16% |
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.