According to GE HealthCare Technologies's latest financial reports and stock price the company's current Operating Margin is 15.71%. At the end of 2024 the company had an Operating Margin of 13.12%.
Year | Operating Margin | Change |
---|---|---|
2024 | 13.12% | 8.65% |
2023 | 12.08% | -11.83% |
2022 | 13.70% | -16.23% |
2021 | 16.35% | 3.55% |
2020 | 15.79% | 25.59% |
2019 | 12.57% |
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.