According to AXIL Brands's latest financial reports and stock price the company's current Operating Margin is 2.91%. At the end of 2024 the company had an Operating Margin of 6.48%.
Year | Operating Margin | Change |
---|---|---|
2024 | 6.48% | -25.81% |
2023 | 8.74% | -211.62% |
2022 | -7.83% | -57.05% |
2021 | -18.23% | 6.84% |
2020 | -17.06% | 12.92% |
2019 | -15.11% | -58.84% |
2018 | -36.71% | -60.35% |
2017 | -92.57% |
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.