According to Grenke's latest financial reports and stock price the company's current Operating Margin is 19.50%. At the end of 2021 the company had an Operating Margin of 20.29%.
Year | Operating Margin | Change |
---|---|---|
2021 | 20.29% | 16.14% |
2020 | 17.47% | -30.98% |
2019 | 25.31% | 372.74% |
2018 | 5.35% | -17.28% |
2017 | 6.47% | -4.85% |
2016 | 6.80% | 8% |
2015 | 6.30% | 6.64% |
2014 | 5.91% | 19.42% |
2013 | 4.95% | -4.25% |
2012 | 5.17% | -87.67% |
2011 | 41.88% | 14.91% |
2010 | 36.45% | -5.7% |
2009 | 38.65% | -16.94% |
2008 | 46.53% | -99.43% |
2007 | 8,209.32% |
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.