According to Oceania Healthcare's latest financial reports and stock price the company's current Operating Margin is 10.69%. At the end of 2024 the company had an Operating Margin of 10.70%.
Year | Operating Margin | Change |
---|---|---|
2024 | 10.70% | 120.31% |
2023 | 4.85% | -80.05% |
2022 | 24.34% | |
2020 | -14.62% | -185.97% |
2019 | 17.00% | -59.65% |
2018 | 42.14% | 52.79% |
2017 | 27.58% |
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.