According to PlayAGS 's latest financial reports and stock price the company's current Operating Margin is 2.66%. At the end of 2023 the company had an Operating Margin of 16.59%.
Year | Operating Margin | Change |
---|---|---|
2023 | 16.59% | 69.13% |
2022 | 9.81% | 30.07% |
2021 | 7.54% | -125.53% |
2020 | -29.53% | -566.77% |
2019 | 6.33% | 115.29% |
2018 | 2.94% | -26.86% |
2017 | 4.02% | -127.45% |
2016 | -14.63% | -45.31% |
2015 | -26.76% | 115.64% |
2014 | -12.41% |
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.