According to Prodways Group's latest financial reports and stock price the company's current Operating Margin is -17.85%. At the end of 2023 the company had an Operating Margin of -17.85%.
Year | Operating Margin | Change |
---|---|---|
2023 | -17.85% | -408.32% |
2022 | 5.79% | 154.88% |
2021 | 2.27% | -108.62% |
2020 | -26.37% | 362.34% |
2019 | -5.70% | -31.91% |
2018 | -8.38% | -56.4% |
2017 | -19.21% | -45.51% |
2016 | -35.26% | 23.89% |
2015 | -28.46% | -51.34% |
2014 | -58.49% |
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.