According to Pressance Corporation's latest financial reports and stock price the company's current Operating Margin is 16.56%. At the end of 2023 the company had an Operating Margin of 16.02%.
Year | Operating Margin | Change |
---|---|---|
2023 | 16.02% | 9.11% |
2022 | 14.68% | 18.91% |
2021 | 12.35% | -16.01% |
2020 | 14.70% | -13.46% |
2019 | 16.99% | 11.38% |
2018 | 15.25% | -2.57% |
2017 | 15.65% | -12.49% |
2016 | 17.88% | -5.02% |
2015 | 18.83% | -6.72% |
2014 | 20.19% | -10.41% |
2013 | 22.53% | 7.9% |
2012 | 20.88% | 29.96% |
2011 | 16.07% | 5.95% |
2010 | 15.17% | -8.61% |
2009 | 16.59% | -18.56% |
2008 | 20.38% |
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.