According to Paymentus's latest financial reports and stock price the company's current Operating Margin is 6.18%. At the end of 2024 the company had an Operating Margin of 5.15%.
Year | Operating Margin | Change |
---|---|---|
2024 | 5.15% | 74.76% |
2023 | 2.94% | -591.72% |
2022 | -0.60% | -122.83% |
2021 | 2.62% | -57.05% |
2020 | 6.11% | -21.63% |
2019 | 7.79% |
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.