According to Fine Organics's latest financial reports and stock price the company's current Operating Margin is 27.96%. At the end of 2023 the company had an Operating Margin of 27.82%.
Year | Operating Margin | Change |
---|---|---|
2023 | 27.82% | 48.46% |
2022 | 18.74% | 30.95% |
2021 | 14.31% | -32.84% |
2020 | 21.31% | -2.1% |
2019 | 21.76% | 22.59% |
2018 | 17.75% | 13.63% |
2017 | 15.62% | -13.32% |
2016 | 18.02% | 32.27% |
2015 | 13.63% | -18.27% |
2014 | 16.67% | 167.38% |
2013 | 6.24% |
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.