According to Thunderful Group's latest financial reports and stock price the company's current Operating Margin is -58.91%. At the end of 2022 the company had an Operating Margin of 5.22%.
Year | Operating Margin | Change |
---|---|---|
2022 | 5.22% | -2.87% |
2021 | 5.38% | -5.48% |
2020 | 5.69% | -81.18% |
2019 | 30.23% | 267.09% |
2018 | 8.23% | -4.96% |
2017 | 8.66% |
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.