According to Phunware's latest financial reports and stock price the company's current Operating Margin is -551.18%. At the end of 2023 the company had an Operating Margin of -867.45%.
Year | Operating Margin | Change |
---|---|---|
2023 | -867.45% | 24.54% |
2022 | -696.53% | 37.41% |
2021 | -506.89% | 128.38% |
2020 | -221.95% | 230.35% |
2019 | -67.19% | 103.88% |
2018 | -32.95% | -66.17% |
2017 | -97.40% |
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.