According to First Watch Restaurant's latest financial reports and stock price the company's current Operating Margin is 3.28%. At the end of 2022 the company had an Operating Margin of 1.72%.
Year | Operating Margin | Change |
---|---|---|
2022 | 1.72% | 2701.9% |
2021 | 0.06% | -100.3% |
2020 | -20.31% | 53.13% |
2019 | -13.27% |
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.