According to Expro Group's latest financial reports and stock price the company's current Operating Margin is 4.56%. At the end of 2023 the company had an Operating Margin of 1.38%.
Year | Operating Margin | Change |
---|---|---|
2023 | 1.38% | -16.05% |
2022 | 1.65% | -111.78% |
2021 | -14.00% | -69.55% |
2020 | -45.99% | 465.34% |
2019 | -8.13% |
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.