According to CCC Intelligent Solutions's latest financial reports and stock price the company's current Operating Margin is -4.10%. At the end of 2022 the company had an Operating Margin of 6.37%.
Year | Operating Margin | Change |
---|---|---|
2022 | 6.37% | -115.95% |
2021 | -39.94% | 1073.1% |
2020 | -3.40% | -92.44% |
2019 | -45.06% |
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.