According to TRxADE HEALTH's latest financial reports and stock price the company's current Operating Margin is -587.37%. At the end of 2022 the company had an Operating Margin of -34.15%.
Year | Operating Margin | Change |
---|---|---|
2022 | -34.15% | -36.46% |
2021 | -53.75% | 262.92% |
2020 | -14.81% | 287.23% |
2019 | -3.82% | -1721.61% |
2018 | 0.24% | -97.61% |
2017 | 9.86% | -120.86% |
2016 | -47.27% | 436.54% |
2015 | -8.81% | -93.45% |
2014 | -134.47% | -38.53% |
2013 | -218.78% |
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.