According to Townsquare Media's latest financial reports and stock price the company's current Operating Margin is -0.88%. At the end of 2023 the company had an Operating Margin of -10.82%.
Year | Operating Margin | Change |
---|---|---|
2023 | -10.82% | -462.52% |
2022 | 2.99% | -57.17% |
2021 | 6.97% | -124.79% |
2020 | -28.12% | 68.31% |
2019 | -16.71% | 297.99% |
2018 | -4.20% | -214.5% |
2017 | 3.67% | -58.19% |
2016 | 8.77% | 112.91% |
2015 | 4.12% | -353.2% |
2014 | -1.63% | -141.8% |
2013 | 3.89% | 28.59% |
2012 | 3.03% |
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.