According to Afya 's latest financial reports and stock price the company's current Operating Margin is 29.83%. At the end of 2022 the company had an Operating Margin of 18.40%.
Year | Operating Margin | Change |
---|---|---|
2022 | 18.40% | 15.66% |
2021 | 15.90% | -42.98% |
2020 | 27.89% | 12% |
2019 | 24.90% | -15.76% |
2018 | 29.56% | 25.27% |
2017 | 23.60% |
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.