According to Global Power Synergy's latest financial reports and stock price the company's current Operating Margin is 1.32%. At the end of 2022 the company had an Operating Margin of 0.87%.
Year | Operating Margin | Change |
---|---|---|
2022 | 0.87% | -92.75% |
2021 | 12.06% | -11.49% |
2020 | 13.63% | 45.19% |
2019 | 9.39% | -43.48% |
2018 | 16.61% | -7.54% |
2017 | 17.96% | 23.86% |
2016 | 14.50% | 65.18% |
2015 | 8.78% | 29.9% |
2014 | 6.76% | 51.69% |
2013 | 4.46% |
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.