According to Offcn Education 's latest financial reports and stock price the company's current Operating Margin is -7.03%. At the end of 2023 the company had an Operating Margin of -4.28%.
Year | Operating Margin | Change |
---|---|---|
2023 | -4.28% | -83.88% |
2022 | -26.57% | -33.68% |
2021 | -40.06% | -268.66% |
2020 | 23.75% | 4.33% |
2019 | 22.77% | 6.01% |
2018 | 21.48% | 38.6% |
2017 | 15.50% | 1087.79% |
2016 | 1.30% | 141.94% |
2015 | 0.54% | -159.81% |
2014 | -0.90% | -160.54% |
2013 | 1.49% | -42.77% |
2012 | 2.60% | -26.23% |
2011 | 3.53% | 5.97% |
2010 | 3.33% | 36.56% |
2009 | 2.44% | -2.32% |
2008 | 2.49% |
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.