According to DocGo's latest financial reports and stock price the company's current Operating Margin is 1.58%. At the end of 2021 the company had an Operating Margin of 6.21%.
Year | Operating Margin | Change |
---|---|---|
2021 | 6.21% | -139.94% |
2020 | -15.55% | -64.56% |
2019 | -43.87% |
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.