According to Madison Square Garden's latest financial reports and stock price the company's current Operating Margin is 13.05%. At the end of 2024 the company had an Operating Margin of 11.49%.
Year | Operating Margin | Change |
---|---|---|
2024 | 11.49% | -24.52% |
2023 | 15.23% | -219.64% |
2022 | -12.73% | -94.22% |
2021 | -220.29% | -574.74% |
2020 | 46.40% |
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.