According to Mader Group Limited's latest financial reports and stock price the company's current Operating Margin is 8.96%. At the end of 2023 the company had an Operating Margin of 8.97%.
Year | Operating Margin | Change |
---|---|---|
2023 | 8.97% | -10.74% |
2022 | 10.05% | 14.18% |
2021 | 8.80% | -3.37% |
2020 | 9.11% |
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.