According to Energy Absolute's latest financial reports and stock price the company's current Operating Margin is 29.66%. At the end of 2022 the company had an Operating Margin of 29.78%.
Year | Operating Margin | Change |
---|---|---|
2022 | 29.78% | 1.28% |
2021 | 29.41% | -0.13% |
2020 | 29.45% | -27.13% |
2019 | 40.41% | -8.3% |
2018 | 44.07% | 35.17% |
2017 | 32.60% | 4.35% |
2016 | 31.24% | 5.79% |
2015 | 29.53% | 37.39% |
2014 | 21.50% | 187.84% |
2013 | 7.47% | 209.44% |
2012 | 2.41% | 114.15% |
2011 | 1.13% |
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.