Latham Group
SWIM
#5892
Rank
HK$6.12 B
Marketcap
HK$53.01
Share price
0.89%
Change (1 day)
155.46%
Change (1 year)

Operating Margin for Latham Group (SWIM)

Operating Margin as of October 2024 (TTM): 5.67%

According to Latham Group's latest financial reports and stock price the company's current Operating Margin is 5.67%. At the end of 2023 the company had an Operating Margin of -1.78%.

Operating Margin history for Latham Group from 2020 to 2024

Operating Margin at the end of each year

Year Operating Margin Change
2023-1.78%-190.05%
20221.97%-123.23%
2021-8.49%-250.49%
20205.64%543.93%
20190.88%

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.