According to Civitanavi Systems's latest financial reports and stock price the company's current Operating Margin is 15.52%. At the end of 2023 the company had an Operating Margin of 15.53%.
Year | Operating Margin | Change |
---|---|---|
2023 | 15.53% | -47.52% |
2022 | 29.58% | -15.44% |
2021 | 34.99% | 60.23% |
2020 | 21.83% | -29.03% |
2019 | 30.77% | 119.23% |
2018 | 14.03% |
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.