According to Axel Mark's latest financial reports and stock price the company's current Operating Margin is -3.71%. At the end of 2022 the company had an Operating Margin of 0.49%.
Year | Operating Margin | Change |
---|---|---|
2022 | 0.49% | -83.61% |
2021 | 3.01% | -110.24% |
2020 | -29.43% | -28.53% |
2019 | -41.18% | 102.24% |
2018 | -20.36% | 123.97% |
2017 | -9.09% | -41.73% |
2016 | -15.60% | 466.38% |
2015 | -2.75% | -275.42% |
2014 | 1.57% | -27.46% |
2013 | 2.16% | -56.56% |
2012 | 4.98% | -318.61% |
2011 | -2.28% | 1.18% |
2010 | -2.25% | -80.84% |
2009 | -11.76% |
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.