According to MDA Ltd.'s latest financial reports and stock price the company's current Operating Margin is 9.37%. At the end of 2023 the company had an Operating Margin of 8.33%.
Year | Operating Margin | Change |
---|---|---|
2023 | 8.33% | 56.24% |
2022 | 5.33% | 125.1% |
2021 | 2.37% |
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.