According to Cadre's latest financial reports and stock price the company's current Operating Margin is 10.93%. At the end of 2024 the company had an Operating Margin of 9.55%.
Year | Operating Margin | Change |
---|---|---|
2024 | 9.55% | -12.9% |
2023 | 10.97% | 435.75% |
2022 | 2.05% | -54.42% |
2021 | 4.49% | -34.8% |
2020 | 6.89% | -1500.18% |
2019 | -0.49% |
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.