EngageSmart
ESMT
$23.05
Share price
-0.09%
Change (1 day)
40.81%
Change (1 year)
Categories
Operating Margin for EngageSmart (ESMT)
Operating Margin as of May 2024 (TTM): 9.56%
According to EngageSmart's latest financial reports and stock price the company's current Operating Margin is 9.56%. At the end of 2022 the company had an Operating Margin of 6.38%.
Operating Margin history for EngageSmart from 2021 to 2023
Operating Margin at the end of each year
| Year | Operating Margin | Change |
|---|---|---|
| 2022 | 6.38% | -243.92% |
| 2021 | -4.43% | -30.18% |
| 2020 | -6.35% |
What is a company's Operating Margin
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.