According to PetIQ's latest financial reports and stock price the company's current Operating Margin is 4.35%. At the end of 2023 the company had an Operating Margin of 0.21%.
Year | Operating Margin | Change |
---|---|---|
2023 | 0.21% | -104.17% |
2022 | -5.14% | 283.35% |
2021 | -1.34% | -58.65% |
2020 | -3.25% | 30.73% |
2019 | -2.48% | 2186.13% |
2018 | -0.11% | -102.46% |
2017 | 4.42% | -360.58% |
2016 | -1.70% | 158.61% |
2015 | -0.66% |
Company | Operating Margin | Operating Margin differencediff. | Country |
---|---|---|---|
![]() | -8,391.15% | -193,000.00% | ๐บ๐ธ USA |
![]() | -1.45% | -133.33% | ๐บ๐ธ USA |
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.