According to Penseco Financial Services's latest financial reports and stock price the company's current Operating Margin is 6.04%. At the end of 2023 the company had an Operating Margin of 32.21%.
Year | Operating Margin | Change |
---|---|---|
2023 | 32.21% | -23.27% |
2022 | 41.98% | -22.87% |
2021 | 54.43% | 53.59% |
2020 | 35.44% | 11.16% |
2019 | 31.88% | -4.3% |
2018 | 33.31% | 0.6% |
2017 | 33.11% | 0.48% |
2016 | 32.95% | 3.81% |
2015 | 31.74% | -3.4% |
2014 | 32.86% | 124.87% |
2013 | 14.61% | -56.18% |
2012 | 33.34% | 2.8% |
2011 | 32.44% | -3.65% |
2010 | 33.66% | 14.45% |
2009 | 29.41% | 86.05% |
2008 | 15.81% | -55.46% |
2007 | 35.49% | 6.4% |
2006 | 33.36% | -6.89% |
2005 | 35.83% | -5.58% |
2004 | 37.95% | -23.44% |
2003 | 49.57% | 2.15% |
2002 | 48.52% | -3.74% |
2001 | 50.41% |
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.