According to Forafric Global PLC's latest financial reports and stock price the company's current Operating Margin is -3.00%. At the end of 2022 the company had an Operating Margin of -3.01%.
Year | Operating Margin | Change |
---|---|---|
2022 | -3.01% | -416.19% |
2021 | 0.95% | -72.71% |
2020 | 3.48% | 66.18% |
2019 | 2.10% |
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.