According to Grocery Outlet 's latest financial reports and stock price the company's current Operating Margin is 1.92%. At the end of 2024 the company had an Operating Margin of 1.28%.
Year | Operating Margin | Change |
---|---|---|
2024 | 1.28% | -50.99% |
2023 | 2.62% | 23.86% |
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% |
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.