According to Bombardier Recreational Products 's latest financial reports and stock price the company's current Operating Margin is 5.91%. At the end of 2023 the company had an Operating Margin of 12.76%.
Year | Operating Margin | Change |
---|---|---|
2023 | 12.76% | -14.3% |
2022 | 14.89% | 50.79% |
2021 | 9.87% | 1.21% |
2020 | 9.75% | 30.09% |
2019 | 7.50% | -22.07% |
2018 | 9.62% | 3.63% |
2017 | 9.28% | 118.92% |
2016 | 4.24% | -18.22% |
2015 | 5.19% | -8.12% |
2014 | 5.64% | -22.7% |
2013 | 7.30% |
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.