According to Creotech Instruments's latest financial reports and stock price the company's current Operating Margin is -85.43%. At the end of 2023 the company had an Operating Margin of -56.85%.
Year | Operating Margin | Change |
---|---|---|
2023 | -56.85% | 30.87% |
2022 | -43.44% | -5207.61% |
2021 | 0.85% | -88.87% |
2020 | 7.64% | 3317.13% |
2019 | 0.22% |
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.