Planet Image International
YIBO
#9314
Rank
C$0.10 B
Marketcap
$1.90
Share price
-0.75%
Change (1 day)
-52.83%
Change (1 year)

Operating Margin for Planet Image International (YIBO)

Operating Margin at the end of 2023: 5.73%

According to Planet Image International's latest financial reports and stock price the company's current Operating Margin is 5.73%. At the end of 2023 the company had an Operating Margin of 5.73%.

Operating Margin history for Planet Image International from 2019 to 2023

Operating Margin at the end of each year

Year Operating Margin Change
20235.73%10.43%
20225.19%49.1%
20213.48%0.36%
20203.47%-59.93%
20198.66%

What is a company's Operating Margin?

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.