According to Element Fleet Management 's latest financial reports and stock price the company's current Operating Margin is 25.47%. At the end of 2022 the company had an Operating Margin of 28.04%.
Year | Operating Margin | Change |
---|---|---|
2022 | 28.04% | 1.86% |
2021 | 27.53% | 46.33% |
2020 | 18.81% | 312.5% |
2019 | 4.56% | -125.16% |
2018 | -18.12% | -280.04% |
2017 | 10.07% | -51.22% |
2016 | 20.64% | 0.43% |
2015 | 20.55% | 21.53% |
2014 | 16.91% | 315.19% |
2013 | 4.07% | -115.49% |
2012 | -26.28% | -68.66% |
2011 | -83.85% |
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.