According to Galaxy Entertainment's latest financial reports and stock price the company's current Operating Margin is -29.21%. At the end of 2022 the company had an Operating Margin of -29.22%.
Year | Operating Margin | Change |
---|---|---|
2022 | -29.22% | -478.32% |
2021 | 7.72% | -126.43% |
2020 | -29.22% | -214.17% |
2019 | 25.59% | 3.8% |
2018 | 24.66% | 44.88% |
2017 | 17.02% | 41.62% |
2016 | 12.02% | 45.59% |
2015 | 8.25% | -43.94% |
2014 | 14.72% | -3.13% |
2013 | 15.20% | 16.16% |
2012 | 13.09% | 76.06% |
2011 | 7.43% | 49.25% |
2010 | 4.98% | -50.61% |
2009 | 10.08% | -108.1% |
2008 | -124.40% | 3306.43% |
2007 | -3.65% | -88.82% |
2006 | -32.67% | -117.6% |
2005 | 185.64% | 3622.92% |
2004 | 4.99% |
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.