According to Mayar Holding Company's latest financial reports and stock price the company's current Operating Margin is -6.08%. At the end of 2023 the company had an Operating Margin of -6.09%.
Year | Operating Margin | Change |
---|---|---|
2023 | -6.09% | -270.15% |
2022 | 3.58% |
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.