According to Almawave's latest financial reports and stock price the company's current Operating Margin is 15.65%. At the end of 2023 the company had an Operating Margin of 15.66%.
Year | Operating Margin | Change |
---|---|---|
2023 | 15.66% | 19.41% |
2022 | 13.11% | 1.11% |
2021 | 12.97% | 80.33% |
2020 | 7.19% | -42.69% |
2019 | 12.55% | -21.49% |
2018 | 15.98% | 43.24% |
2017 | 11.16% |
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.