According to Haoxi Health Technology's latest financial reports and stock price the company's current Operating Margin is 4.21%. At the end of 2023 the company had an Operating Margin of 4.22%.
Year | Operating Margin | Change |
---|---|---|
2023 | 4.22% | 162.46% |
2022 | 1.61% | -36.54% |
2021 | 2.53% |
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.