According to Basic-Fit's latest financial reports and stock price the company's current Operating Margin is -0.39%. At the end of 2022 the company had an Operating Margin of -0.40%.
Year | Operating Margin | Change |
---|---|---|
2022 | -0.40% | -99.33% |
2021 | -59.09% | 35.68% |
2020 | -43.55% | -1464.69% |
2019 | 3.19% | -42.77% |
2018 | 5.58% | 38.11% |
2017 | 4.04% | -132.93% |
2016 | -12.26% | -15.4% |
2015 | -14.50% | -13.29% |
2014 | -16.72% |
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.