According to DOF Group's latest financial reports and stock price the company's current Operating Margin is 42.19%. At the end of 2023 the company had an Operating Margin of 31.09%.
Year | Operating Margin | Change |
---|---|---|
2023 | 31.09% | 208.46% |
2022 | 10.08% | -207.3% |
2021 | -9.39% | -86.74% |
2020 | -70.86% |
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.