According to Drecom's latest financial reports and stock price the company's current Operating Margin is 14.64%. At the end of 2022 the company had an Operating Margin of 11.49%.
Year | Operating Margin | Change |
---|---|---|
2022 | 11.49% | -33.65% |
2021 | 17.31% | 133.11% |
2020 | 7.43% | -148.53% |
2019 | -15.30% | 1707.02% |
2018 | -0.85% | -106.46% |
2017 | 13.11% | -252.85% |
2016 | -8.58% | -360.69% |
2015 | 3.29% | -133.23% |
2014 | -9.90% | -403.06% |
2013 | 3.27% | -76.88% |
2012 | 14.13% | -992.12% |
2011 | -1.58% | -116.82% |
2010 | 9.41% | -159.07% |
2009 | -15.93% | -3.69% |
2008 | -16.54% |
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.