According to Destination XL's latest financial reports and stock price the company's current Operating Margin is 2.98%. At the end of 2023 the company had an Operating Margin of 10.69%.
Year | Operating Margin | Change |
---|---|---|
2023 | 10.69% | -6.35% |
2022 | 11.41% | -156.49% |
2021 | -20.20% | 1145.13% |
2020 | -1.62% | -43.4% |
2019 | -2.87% | -37.31% |
2018 | -4.57% | 885.12% |
2017 | -0.46% | -74.81% |
2016 | -1.84% | -30.23% |
2015 | -2.64% | -30.05% |
2014 | -3.78% | -213.42% |
2013 | 3.33% | -349.87% |
2012 | -1.33% | -128.88% |
2011 | 4.61% | 140.49% |
2010 | 1.92% | -110.73% |
2009 | -17.88% | -1338.9% |
2008 | 1.44% | -67.93% |
2007 | 4.50% | 136.13% |
2006 | 1.91% | -13.34% |
2005 | 2.20% | -56.43% |
2004 | 5.05% | 213.74% |
2003 | 1.61% | -149% |
2002 | -3.28% | -262.9% |
2001 | 2.02% |
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.