According to Altair Engineering 's latest financial reports and stock price the company's current Operating Margin is 5.77%. At the end of 2024 the company had an Operating Margin of 4.90%.
Year | Operating Margin | Change |
---|---|---|
2024 | 4.90% | 137.96% |
2023 | 2.06% | -141.77% |
2022 | -4.93% | 9010.68% |
2021 | -0.05% | -112.52% |
2020 | 0.43% | -41.43% |
2019 | 0.74% | -89.17% |
2018 | 6.82% | -162.41% |
2017 | -10.92% | -349.72% |
2016 | 4.37% | 9.51% |
2015 | 3.99% |
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.