According to Dragonfly Energy's latest financial reports and stock price the company's current Operating Margin is -17.23%. At the end of 2023 the company had an Operating Margin of -21.50%.
Year | Operating Margin | Change |
---|---|---|
2023 | -21.50% | -54.44% |
2022 | -47.19% | -718.7% |
2021 | 7.63% | -58.94% |
2020 | 18.57% |
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.