According to Appirits's latest financial reports and stock price the company's current Operating Margin is 3.93%. At the end of 2024 the company had an Operating Margin of 6.83%.
Year | Operating Margin | Change |
---|---|---|
2024 | 6.83% | 24.37% |
2023 | 5.49% | 43.4% |
2022 | 3.83% | -24.66% |
2021 | 5.08% | 66.6% |
2020 | 3.05% | -8.23% |
2019 | 3.33% |
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.