According to Stevanato's latest financial reports and stock price the company's current Operating Margin is 20.03%. At the end of 2022 the company had an Operating Margin of 19.07%.
Year | Operating Margin | Change |
---|---|---|
2022 | 19.07% | -2.87% |
2021 | 19.64% | 35.02% |
2020 | 14.54% | 42.61% |
2019 | 10.20% |
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.