According to Gigas Hosting's latest financial reports and stock price the company's current Operating Margin is -9.27%. At the end of 2023 the company had an Operating Margin of -9.27%.
Year | Operating Margin | Change |
---|---|---|
2023 | -9.27% | 44.02% |
2022 | -6.44% | 44.67% |
2021 | -4.45% | -25.69% |
2020 | -5.99% | -325.99% |
2019 | 2.65% | -188.26% |
2018 | -3.00% | -72.06% |
2017 | -10.75% | -51.87% |
2016 | -22.33% | 127.29% |
2015 | -9.83% | -76.53% |
2014 | -41.86% |
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.