According to Magnetic Resources NL's latest financial reports and stock price the company's current Operating Margin is -537,915.00%. At the end of 2021 the company had an Operating Margin of -537,914.96%.
Year | Operating Margin | Change |
---|---|---|
2021 | -537,914.96% | 232.5% |
2020 | -161,778.77% | -8.35% |
2019 | -176,516.07% | 515.42% |
2018 | -28,682.03% |
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.