According to Cognyte Software's latest financial reports and stock price the company's current Operating Margin is -1.43%. At the end of 2023 the company had an Operating Margin of -31.08%.
Year | Operating Margin | Change |
---|---|---|
2023 | -31.08% | -1883.58% |
2022 | 1.74% | -68.74% |
2021 | 5.58% | -14.87% |
2020 | 6.55% | 42.36% |
2019 | 4.60% |
Company | Operating Margin | Operating Margin differencediff. | Country |
---|---|---|---|
27.49% | -2,022.38% | ๐บ๐ธ USA | |
31.76% | -2,320.98% | ๐บ๐ธ USA | |
-12.29% | 759.44% | ๐บ๐ธ USA | |
-260.11% | 18,089.51% | ๐บ๐ธ USA |
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.