According to Steadfast Group 's latest financial reports and stock price the company's current Operating Margin is 33.56%. At the end of 2022 the company had an Operating Margin of 33.56%.
Year | Operating Margin | Change |
---|---|---|
2022 | 33.56% | 0.99% |
2021 | 33.23% | 967.75% |
2020 | 3.11% | -89.92% |
2019 | 30.88% | 3.92% |
2018 | 29.72% | 3.48% |
2017 | 28.72% | 35.39% |
2016 | 21.21% | 0.29% |
2015 | 21.15% | 4.88% |
2014 | 20.17% |
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.