According to B.Grimm Power's latest financial reports and stock price the company's current Operating Margin is 9.20%. At the end of 2022 the company had an Operating Margin of -1.51%.
Year | Operating Margin | Change |
---|---|---|
2022 | -1.51% | -118.95% |
2021 | 7.97% | -11.93% |
2020 | 9.05% | -5.21% |
2019 | 9.54% | 10.75% |
2018 | 8.62% | -29.13% |
2017 | 12.16% | 32.79% |
2016 | 9.16% | 587.51% |
2015 | 1.33% | -73.17% |
2014 | 4.96% | 127.72% |
2013 | 2.18% |
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.