According to Flywire's latest financial reports and stock price the company's current Operating Margin is -6.89%. At the end of 2022 the company had an Operating Margin of -12.91%.
Year | Operating Margin | Change |
---|---|---|
2022 | -12.91% | 0.16% |
2021 | -12.89% | -7.06% |
2020 | -13.87% | -32.72% |
2019 | -20.61% |
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.