According to Orla Mining's latest financial reports and stock price the company's current Operating Margin is 24.78%. At the end of 2024 the company had an Operating Margin of 53.11%.
Year | Operating Margin | Change |
---|---|---|
2024 | 53.11% | 556.77% |
2023 | 8.09% | -81.99% |
2022 | 44.91% | -107.45% |
2021 | -602.91% |
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.