According to Farmmi 's latest financial reports and stock price the company's current Operating Margin is 3.17%. At the end of 2023 the company had an Operating Margin of 3.18%.
Year | Operating Margin | Change |
---|---|---|
2023 | 3.18% | 40.8% |
2022 | 2.26% | -64.62% |
2021 | 6.38% | 43.34% |
2020 | 4.45% | -776.59% |
2019 | -0.66% | -105.78% |
2018 | 11.38% | -12.95% |
2017 | 13.07% | -4.33% |
2016 | 13.66% | 17.73% |
2015 | 11.60% |
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.