According to Azelis Group's latest financial reports and stock price the company's current Operating Margin is 7.62%. At the end of 2022 the company had an Operating Margin of 7.63%.
Year | Operating Margin | Change |
---|---|---|
2022 | 7.63% | 79.44% |
2021 | 4.25% | 8.2% |
2020 | 3.93% | 41.36% |
2019 | 2.78% |
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.