According to Enovix's latest financial reports and stock price the company's current Operating Margin is -877.59%. At the end of 2024 the company had an Operating Margin of -970.47%.
Year | Operating Margin | Change |
---|---|---|
2024 | -970.47% | -65.46% |
2023 | -2,809.59% | 237.55% |
2022 | -832.34% |
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.