According to BLS International 's latest financial reports and stock price the company's current Operating Margin is 12.90%. At the end of 2022 the company had an Operating Margin of 13.41%.
Year | Operating Margin | Change |
---|---|---|
2022 | 13.41% | 32.62% |
2021 | 10.11% | 44.33% |
2020 | 7.01% | -53.73% |
2019 | 15.14% | 7.81% |
2018 | 14.04% | 67.58% |
2017 | 8.38% | 34.91% |
2016 | 6.21% | 16.86% |
2015 | 5.32% | -1.48% |
2014 | 5.40% |
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.