FGI Industries
FGI
$1.12
Share price
3.70%
Change (1 day)
-40.43%
Change (1 year)
Categories
Operating Margin for FGI Industries (FGI)
Operating Margin as of April 2024 (TTM): 2.80%
According to FGI Industries's latest financial reports and stock price the company's current Operating Margin is 2.80%. At the end of 2021 the company had an Operating Margin of 5.10%.
Operating Margin history for FGI Industries from 2021 to 2022
Operating Margin at the end of each year
| Year | Operating Margin | Change |
|---|---|---|
| 2021 | 5.10% | 16.07% |
| 2020 | 4.39% | 128.95% |
| 2019 | 1.92% |
What is a company's Operating Margin
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.