According to GoTo's latest financial reports and stock price the company's current Operating Margin is -286.94%. At the end of 2022 the company had an Operating Margin of -355.54%.
Year | Operating Margin | Change |
---|---|---|
2022 | -355.54% | -26.68% |
2021 | -484.92% | -2.98% |
2020 | -499.84% | -52.25% |
2019 | -1,046.75% | 28.3% |
2018 | -815.86% |
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.