According to Cigniti Technologies 's latest financial reports and stock price the company's current Operating Margin is 13.45%. At the end of 2022 the company had an Operating Margin of 9.79%.
Year | Operating Margin | Change |
---|---|---|
2022 | 9.79% | -37.8% |
2021 | 15.73% | 4.85% |
2020 | 15.01% | -12.56% |
2019 | 17.16% | 261.2% |
2018 | 4.75% | -107.64% |
2017 | -62.17% | -540.06% |
2016 | 14.13% | 71.3% |
2015 | 8.25% | -34.95% |
2014 | 12.68% | 176.57% |
2013 | 4.58% | -13.29% |
2012 | 5.29% | -25.66% |
2011 | 7.11% | 268.01% |
2010 | 1.93% | -18.63% |
2009 | 2.37% | -58.45% |
2008 | 5.72% | -7.55% |
2007 | 6.18% |
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.