According to AssetMark's latest financial reports and stock price the company's current Operating Margin is 20.31%. At the end of 2022 the company had an Operating Margin of 23.17%.
Year | Operating Margin | Change |
---|---|---|
2022 | 23.17% | 153.13% |
2021 | 9.15% | 579.75% |
2020 | 1.35% | -79.29% |
2019 | 6.50% | -58.14% |
2018 | 15.53% | 137.31% |
2017 | 6.55% |
Company | Operating Margin | Operating Margin differencediff. | Country |
---|---|---|---|
Lazard LAZ | 3.11% | -84.69% | ๐ง๐ฒ Bermuda |
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.