According to Dixon Technologies's latest financial reports and stock price the company's current Operating Margin is 3.43%. At the end of 2023 the company had an Operating Margin of 2.83%.
Year | Operating Margin | Change |
---|---|---|
2023 | 2.83% | 18.46% |
2022 | 2.39% | -29.07% |
2021 | 3.37% | -5.6% |
2020 | 3.57% | 13.16% |
2019 | 3.15% | 1.17% |
2018 | 3.11% | 15.4% |
2017 | 2.70% | -22.63% |
2016 | 3.49% | 186.2% |
2015 | 1.22% |
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.