According to NoHo Partners's latest financial reports and stock price the company's current Operating Margin is 3.18%. At the end of 2023 the company had an Operating Margin of 3.46%.
Year | Operating Margin | Change |
---|---|---|
2023 | 3.46% | 19.07% |
2022 | 2.91% | -142.3% |
2021 | -6.88% | -69.05% |
2020 | -22.22% | -339.53% |
2019 | 9.28% | 36.86% |
2018 | 6.78% | 57% |
2017 | 4.32% | -28.85% |
2016 | 6.07% | 13.57% |
2015 | 5.34% | -1.83% |
2014 | 5.44% | -1.15% |
2013 | 5.51% | -35.27% |
2012 | 8.51% |
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.