According to The Cannabist Company's latest financial reports and stock price the company's current Operating Margin is -33.03%. At the end of 2023 the company had an Operating Margin of -33.03%.
Year | Operating Margin | Change |
---|---|---|
2023 | -33.03% | -60.95% |
2022 | -84.58% | 165.23% |
2021 | -31.89% | -57.86% |
2020 | -75.68% | -41.19% |
2019 | -128.68% |
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.