According to HireQuest's latest financial reports and stock price the company's current Operating Margin is 20.53%. At the end of 2023 the company had an Operating Margin of 20.54%.
Year | Operating Margin | Change |
---|---|---|
2023 | 20.54% | -54.17% |
2022 | 44.81% | -19.08% |
2021 | 55.38% | 25.35% |
2020 | 44.18% | 135.71% |
2019 | 18.74% | 1447.65% |
2018 | 1.21% | -67.77% |
2017 | 3.76% | 224.66% |
2016 | 1.16% | -59.94% |
2015 | 2.89% | -51.15% |
2014 | 5.91% | 80.15% |
2013 | 3.28% | 28.38% |
2012 | 2.56% | -3694.23% |
2011 | -0.07% | -96.83% |
2010 | -2.25% | -63.63% |
2009 | -6.18% | -1.88% |
2008 | -6.30% | 9.6% |
2007 | -5.75% | 127.07% |
2006 | -2.53% | -99.49% |
2005 | -492.54% | 913.66% |
2004 | -48.59% | -264.82% |
2003 | 29.48% | -296.15% |
2002 | -15.03% | -89.18% |
2001 | -138.87% |
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.