According to STS Group's latest financial reports and stock price the company's current Operating Margin is 0.17%. At the end of 2023 the company had an Operating Margin of 0.18%.
Year | Operating Margin | Change |
---|---|---|
2023 | 0.18% | -104.65% |
2022 | -3.87% | -951.55% |
2021 | 0.45% | -129.67% |
2020 | -1.53% | 82.88% |
2019 | -0.84% | 0.57% |
2018 | -0.83% | -105.89% |
2017 | 14.14% | 141.45% |
2016 | 5.86% | 230.28% |
2015 | 1.77% |
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.