According to GEN Restaurant Group's latest financial reports and stock price the company's current Operating Margin is 3.00%. At the end of 2023 the company had an Operating Margin of 6.33%.
Year | Operating Margin | Change |
---|---|---|
2023 | 6.33% | -11.68% |
2022 | 7.17% | -80.94% |
2021 | 37.60% | -362.61% |
2020 | -14.32% | -329.48% |
2019 | 6.24% |
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.