According to SYNLAB's latest financial reports and stock price the company's current Operating Margin is 5.33%. At the end of 2023 the company had an Operating Margin of 5.43%.
Year | Operating Margin | Change |
---|---|---|
2023 | 5.43% | -37.66% |
2022 | 8.71% | -59.32% |
2021 | 21.40% | 347.79% |
2020 | 4.78% |
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.