According to Aker Horizons's latest financial reports and stock price the company's current Operating Margin is -187.94%. At the end of 2023 the company had an Operating Margin of -187.94%.
Year | Operating Margin | Change |
---|---|---|
2023 | -187.94% | -32.99% |
2022 | -280.47% | 20.1% |
2021 | -233.54% | -80.66% |
2020 | -1,207.41% |
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.