According to Latham Group's latest financial reports and stock price the company's current Operating Margin is 5.04%. At the end of 2023 the company had an Operating Margin of -1.78%.
Year | Operating Margin | Change |
---|---|---|
2023 | -1.78% | -190.05% |
2022 | 1.97% | -123.23% |
2021 | -8.49% | -250.49% |
2020 | 5.64% | 543.93% |
2019 | 0.88% |
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.