According to Direct Digital Holdings's latest financial reports and stock price the company's current Operating Margin is -12.22%. At the end of 2023 the company had an Operating Margin of -3.99%.
Year | Operating Margin | Change |
---|---|---|
2023 | -3.99% | -179.45% |
2022 | 5.03% | -232.83% |
2021 | -3.79% | -47.29% |
2020 | -7.18% | -46.68% |
2019 | -13.47% |
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.