According to Powersoft's latest financial reports and stock price the company's current Operating Margin is 23.64%. At the end of 2023 the company had an Operating Margin of 23.64%.
Year | Operating Margin | Change |
---|---|---|
2023 | 23.64% | 30.12% |
2022 | 18.17% | 106.78% |
2021 | 8.79% | 90.51% |
2020 | 4.61% | -56.03% |
2019 | 10.49% | 5.55% |
2018 | 9.94% | 3.26% |
2017 | 9.62% | -18.58% |
2016 | 11.82% |
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.