According to Fresh Vine Wine's latest financial reports and stock price the company's current Operating Margin is -932.13%. At the end of 2023 the company had an Operating Margin of -581.27%.
Year | Operating Margin | Change |
---|---|---|
2023 | -581.27% | 9.35% |
2022 | -531.56% | -9.31% |
2021 | -586.14% | -1.45% |
2020 | -594.74% |
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.