According to MarketWise's latest financial reports and stock price the company's current Operating Margin is 22.86%. At the end of 2024 the company had an Operating Margin of 23.58%.
Year | Operating Margin | Change |
---|---|---|
2024 | 23.58% | 88.37% |
2023 | 12.52% | -37.53% |
2022 | 20.04% | -111.56% |
2021 | -173.26% | 16.61% |
2020 | -148.58% | -1544.88% |
2019 | 10.28% | 31.33% |
2018 | 7.83% |
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.