According to Air Busan 's latest financial reports and stock price the company's current Operating Margin is -27.97%. At the end of 2021 the company had an Operating Margin of -199.77%.
Year | Operating Margin | Change |
---|---|---|
2021 | -199.77% | 123.46% |
2020 | -89.40% | 490.08% |
2019 | -15.15% | -519.32% |
2018 | 3.61% | -45.33% |
2017 | 6.61% | -21.8% |
2016 | 8.45% | -13.79% |
2015 | 9.80% |
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.