According to Grosvenor Capital Management's latest financial reports and stock price the company's current Operating Margin is 9.35%. At the end of 2022 the company had an Operating Margin of 19.51%.
Year | Operating Margin | Change |
---|---|---|
2022 | 19.51% | -25.55% |
2021 | 26.21% | -282.96% |
2020 | -14.32% | -195.7% |
2019 | 14.97% | -12.96% |
2018 | 17.19% |
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.