According to Flex Lng 's latest financial reports and stock price the company's current Operating Margin is 25.35%. At the end of 2023 the company had an Operating Margin of 61.68%.
Year | Operating Margin | Change |
---|---|---|
2023 | 61.68% | -18.94% |
2022 | 76.09% | 19.59% |
2021 | 63.63% | 109.31% |
2020 | 30.40% | -28.53% |
2019 | 42.53% | 11.13% |
2018 | 38.27% | -202.98% |
2017 | -37.17% |
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.