According to GMS's latest financial reports and stock price the company's current Operating Margin is 8.39%. At the end of 2022 the company had an Operating Margin of 7.87%.
Year | Operating Margin | Change |
---|---|---|
2022 | 7.87% | 89.4% |
2021 | 4.16% | 190.78% |
2020 | 1.43% | -36.42% |
2019 | 2.25% | -32.68% |
2018 | 3.34% | 8.24% |
2017 | 3.08% | 127.93% |
2016 | 1.35% | -215.97% |
2015 | -1.17% | |
2013 | -14.73% |
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.