According to CT REIT's latest financial reports and stock price the company's current Operating Margin is 80.05%. At the end of 2023 the company had an Operating Margin of 41.51%.
Year | Operating Margin | Change |
---|---|---|
2023 | 41.51% | -31.88% |
2022 | 60.93% | -31.38% |
2021 | 88.79% | 143.33% |
2020 | 36.49% | -41.91% |
2019 | 62.82% | -1.36% |
2018 | 63.69% | -11.02% |
2017 | 71.57% | 12.48% |
2016 | 63.63% | 2.63% |
2015 | 62.00% | -32.83% |
2014 | 92.31% |
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.