According to MeridianLink's latest financial reports and stock price the company's current Operating Margin is -7.25%. At the end of 2023 the company had an Operating Margin of 6.44%.
Year | Operating Margin | Change |
---|---|---|
2023 | 6.44% | -37.41% |
2022 | 10.29% | -0.74% |
2021 | 10.37% | -54.69% |
2020 | 22.89% | 71.93% |
2019 | 13.31% |
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.