According to CAVA Group's latest financial reports and stock price the company's current Operating Margin is 6.75%. At the end of 2023 the company had an Operating Margin of 1.93%.
Year | Operating Margin | Change |
---|---|---|
2023 | 1.93% | -118.47% |
2022 | -10.44% | 40.06% |
2021 | -7.45% |
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.