According to Proeduca Altus's latest financial reports and stock price the company's current Operating Margin is 16.82%. At the end of 2023 the company had an Operating Margin of 16.83%.
Year | Operating Margin | Change |
---|---|---|
2023 | 16.83% | -10.94% |
2022 | 18.90% | 8.3% |
2021 | 17.45% | -0.86% |
2020 | 17.60% | 3.43% |
2019 | 17.01% | -1.34% |
2018 | 17.24% | 58.52% |
2017 | 10.88% |
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.