According to KFin Technologies's latest financial reports and stock price the company's current Operating Margin is 42.37%. At the end of 2024 the company had an Operating Margin of 41.35%.
Year | Operating Margin | Change |
---|---|---|
2024 | 41.35% | 6.8% |
2023 | 38.72% | -3.61% |
2022 | 40.17% | 55.09% |
2021 | 25.90% | 48.8% |
2020 | 17.41% |
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.