According to Allegro.eu's latest financial reports and stock price the company's current Operating Margin is -11.71%. At the end of 2022 the company had an Operating Margin of -18.21%.
Year | Operating Margin | Change |
---|---|---|
2022 | -18.21% | -171.76% |
2021 | 25.37% | 64.47% |
2020 | 15.43% | -22.06% |
2019 | 19.79% | 8.65% |
2018 | 18.22% | 444.39% |
2017 | 3.35% |
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.