Erayak Power Solution
RAYA
$0.63
Share price
2.94%
Change (1 day)
-69.12%
Change (1 year)
Categories
Operating Margin for Erayak Power Solution (RAYA)
Operating Margin at the end of 2021: 22.27%
According to Erayak Power Solution's latest financial reports and stock price the company's current Operating Margin is 22.26%. At the end of 2021 the company had an Operating Margin of 22.27%.
Operating Margin history for Erayak Power Solution from 2019 to 2021
Operating Margin at the end of each year
| Year | Operating Margin | Change |
|---|---|---|
| 2021 | 22.27% | 9.89% |
| 2020 | 20.26% | 56.05% |
| 2019 | 12.99% |
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.