According to Westgold Resources Limited's latest financial reports and stock price the company's current Operating Margin is 19.11%. At the end of 2024 the company had an Operating Margin of 19.12%.
Year | Operating Margin | Change |
---|---|---|
2024 | 19.12% | 796.82% |
2023 | 2.13% | -108.62% |
2022 | -24.72% | -226.19% |
2021 | 19.59% | 119.86% |
2020 | 8.91% | 193.95% |
2019 | 3.03% | -120.59% |
2018 | -14.72% | -361.35% |
2017 | 5.63% |
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.