According to Central Retail Corporation's latest financial reports and stock price the company's current Operating Margin is 6.34%. At the end of 2022 the company had an Operating Margin of 4.27%.
Year | Operating Margin | Change |
---|---|---|
2022 | 4.27% | -8277.38% |
2021 | -0.05% | -82.68% |
2020 | -0.30% | -104.15% |
2019 | 7.28% | 0.52% |
2018 | 7.24% | 52.12% |
2017 | 4.76% | -20.1% |
2016 | 5.96% |
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.