According to coly's latest financial reports and stock price the company's current Operating Margin is -5.19%. At the end of 2022 the company had an Operating Margin of 22.49%.
Year | Operating Margin | Change |
---|---|---|
2022 | 22.49% | -31.25% |
2021 | 32.71% | 301.61% |
2020 | 8.14% | -48.03% |
2019 | 15.67% |
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.