According to G-bits Network Technology 's latest financial reports and stock price the company's current Operating Margin is 41.72%. At the end of 2021 the company had an Operating Margin of 46.00%.
Year | Operating Margin | Change |
---|---|---|
2021 | 46.00% | -19.02% |
2020 | 56.81% | 0.22% |
2019 | 56.68% | -11.95% |
2018 | 64.38% | 7.78% |
2017 | 59.73% | -4.36% |
2016 | 62.45% | -3.34% |
2015 | 64.61% | -1.94% |
2014 | 65.89% | 2.41% |
2013 | 64.34% | -11.87% |
2012 | 73.00% | 202.79% |
2011 | 24.11% |
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.