According to AlphaPolis's latest financial reports and stock price the company's current Operating Margin is 21.63%. At the end of 2023 the company had an Operating Margin of 26.02%.
Year | Operating Margin | Change |
---|---|---|
2023 | 26.02% | 7.41% |
2022 | 24.22% | -12.9% |
2021 | 27.81% | 13.86% |
2020 | 24.42% | -9.81% |
2019 | 27.08% | 47.36% |
2018 | 18.38% | 239.85% |
2017 | 5.41% | -80.99% |
2016 | 28.44% | -6.18% |
2015 | 30.32% | -7.26% |
2014 | 32.69% |
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.