Grocery Outlet
GO
$25.71
Share price
-0.39%
Change (1 day)
-13.58%
Change (1 year)
Categories
Operating Margin for Grocery Outlet (GO)
Operating Margin as of May 2024 (TTM): 2.94%
According to Grocery Outlet 's latest financial reports and stock price the company's current Operating Margin is 2.94%. At the end of 2022 the company had an Operating Margin of 2.12%.
Operating Margin history for Grocery Outlet from 2018 to 2023
Operating Margin at the end of each year
| Year | Operating Margin | Change |
|---|---|---|
| 2022 | 2.12% | -15.88% |
| 2021 | 2.52% | -9.47% |
| 2020 | 2.78% | 323.97% |
| 2019 | 0.66% | -31.36% |
| 2018 | 0.96% | -23.08% |
| 2017 | 1.24% | 34.4% |
| 2016 | 0.92% |
What is a company's Operating Margin
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.