According to EuroGroup Laminations's latest financial reports and stock price the company's current Operating Margin is 7.42%. At the end of 2022 the company had an Operating Margin of 7.43%.
Year | Operating Margin | Change |
---|---|---|
2022 | 7.43% | 39.42% |
2021 | 5.33% | -517.67% |
2020 | -1.28% | -212.45% |
2019 | 1.13% |
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.