According to LoveSac 's latest financial reports and stock price the company's current Operating Margin is 0.93%. At the end of 2023 the company had an Operating Margin of 5.66%.
Year | Operating Margin | Change |
---|---|---|
2023 | 5.66% | -30.21% |
2022 | 8.11% | 75.57% |
2021 | 4.62% | -171.09% |
2020 | -6.50% | 61.14% |
2019 | -4.03% | -25.04% |
2018 | -5.38% | -39.05% |
2017 | -8.82% | -27.26% |
2016 | -12.13% |
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.