According to Wolverine Energy and Infrastructure's latest financial reports and stock price the company's current Operating Margin is -23.28%. At the end of 2023 the company had an Operating Margin of -43.80%.
Year | Operating Margin | Change |
---|---|---|
2023 | -43.80% | 496.19% |
2022 | -7.35% | -67.18% |
2021 | -22.38% | -729.85% |
2020 | 3.55% | -87.08% |
2019 | 27.52% | -1721.85% |
2018 | -1.70% |
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.