According to FGI Industries's latest financial reports and stock price the company's current Operating Margin is -0.31%. At the end of 2023 the company had an Operating Margin of 1.82%.
Year | Operating Margin | Change |
---|---|---|
2023 | 1.82% | -42.65% |
2022 | 3.18% | -37.66% |
2021 | 5.10% | 16.07% |
2020 | 4.39% | 128.95% |
2019 | 1.92% |
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.