According to Northann Corp's latest financial reports and stock price the company's current Operating Margin is -26.50%. At the end of 2023 the company had an Operating Margin of -34.09%.
Year | Operating Margin | Change |
---|---|---|
2023 | -34.09% | -511.38% |
2022 | 8.29% | 222.92% |
2021 | 2.57% | -17.22% |
2020 | 3.10% |
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.