According to SolarMax Technology's latest financial reports and stock price the company's current Operating Margin is -103.05%. At the end of 2022 the company had an Operating Margin of -15.28%.
Year | Operating Margin | Change |
---|---|---|
2022 | -15.28% | 59.24% |
2021 | -9.59% | -617.18% |
2020 | 1.86% | |
2018 | -16.38% | 32.41% |
2017 | -12.37% | 44.46% |
2016 | -8.56% |
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.