According to Mynet's latest financial reports and stock price the company's current Operating Margin is 3.35%. At the end of 2022 the company had an Operating Margin of -14.41%.
Year | Operating Margin | Change |
---|---|---|
2022 | -14.41% | -422.87% |
2021 | 4.46% | -49.61% |
2020 | 8.86% | -149.86% |
2019 | -17.77% | 7.85% |
2018 | -16.48% | -817.86% |
2017 | 2.30% | -62.02% |
2016 | 6.04% | 77.53% |
2015 | 3.40% | 38.52% |
2014 | 2.46% |
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.