According to Redcare Pharmacy's latest financial reports and stock price the company's current Operating Margin is -2.01%. At the end of 2023 the company had an Operating Margin of -0.35%.
Year | Operating Margin | Change |
---|---|---|
2023 | -0.35% | -94.38% |
2022 | -6.28% | -3.96% |
2021 | -6.54% | 1123.64% |
2020 | -0.53% | -89.21% |
2019 | -4.95% | -14.24% |
2018 | -5.77% | -14.44% |
2017 | -6.75% | 2.96% |
2016 | -6.55% | 0.02% |
2015 | -6.55% | 37.02% |
2014 | -4.78% | 40.76% |
2013 | -3.40% |
Company | Operating Margin | Operating Margin differencediff. | Country |
---|---|---|---|
![]() | -8.18% | 306.97% | ๐จ๐ญ Switzerland |
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.