According to Naqi Water Company's latest financial reports and stock price the company's current Operating Margin is 15.60%. At the end of 2023 the company had an Operating Margin of 19.25%.
Year | Operating Margin | Change |
---|---|---|
2023 | 19.25% | 5.55% |
2022 | 18.24% | -35.45% |
2021 | 28.26% |
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.