According to Icape Holding's latest financial reports and stock price the company's current Operating Margin is 4.38%. At the end of 2023 the company had an Operating Margin of 4.38%.
Year | Operating Margin | Change |
---|---|---|
2023 | 4.38% | 17.04% |
2022 | 3.75% | 64.3% |
2021 | 2.28% | 6.99% |
2020 | 2.13% | 111.26% |
2019 | 1.01% |
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.