According to Envestnet's latest financial reports and stock price the company's current Operating Margin is -19.68%. At the end of 2023 the company had an Operating Margin of -16.79%.
Year | Operating Margin | Change |
---|---|---|
2023 | -16.79% | 231.19% |
2022 | -5.07% | -266.95% |
2021 | 3.04% | 57.31% |
2020 | 1.93% | -186.55% |
2019 | -2.23% | -243.59% |
2018 | 1.55% | -3.08% |
2017 | 1.60% | -134.18% |
2016 | -4.69% | -212.48% |
2015 | 4.17% | -36.45% |
2014 | 6.56% | 165.76% |
2013 | 2.47% | 26.39% |
2012 | 1.95% | -78.84% |
2011 | 9.23% | 515.06% |
2010 | 1.50% | 23.84% |
2009 | 1.21% | -88.59% |
2008 | 10.61% | 0.21% |
2007 | 10.59% |
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.