According to Iida Group's latest financial reports and stock price the company's current Operating Margin is 6.52%. At the end of 2022 the company had an Operating Margin of 10.97%.
Year | Operating Margin | Change |
---|---|---|
2022 | 10.97% | 33.51% |
2021 | 8.22% | 46.3% |
2020 | 5.62% | -19.72% |
2019 | 7.00% | -6.84% |
2018 | 7.51% | -16.5% |
2017 | 9.00% | 11.61% |
2016 | 8.06% | 84.12% |
2015 | 4.38% | -44.91% |
2014 | 7.95% |
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.