According to Akumin's latest financial reports and stock price the company's current Operating Margin is -19.09%. At the end of 2021 the company had an Operating Margin of -15.49%.
Year | Operating Margin | Change |
---|---|---|
2021 | -15.49% | 66.15% |
2020 | -9.32% | -301.52% |
2019 | 4.62% | 18.37% |
2018 | 3.91% | -166.2% |
2017 | -5.90% | 37.97% |
2016 | -4.28% | -45% |
2015 | -7.78% |
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.