According to Driven Brands's latest financial reports and stock price the company's current Operating Margin is 15.14%. At the end of 2022 the company had an Operating Margin of 3.36%.
Year | Operating Margin | Change |
---|---|---|
2022 | 3.36% | 41.35% |
2021 | 2.38% | 200.47% |
2020 | 0.79% | -62.24% |
2019 | 2.10% | 4.65% |
2018 | 2.00% |
Company | Operating Margin | Operating Margin differencediff. | Country |
---|---|---|---|
Monro MNRO | 5.68% | -62.48% | ๐บ๐ธ USA |
Driven Brands DRVN | 15.14% | 0.00% | 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.