According to TENDA's latest financial reports and stock price the company's current Operating Margin is 10.61%. At the end of 2024 the company had an Operating Margin of 10.57%.
Year | Operating Margin | Change |
---|---|---|
2024 | 10.57% | 4.09% |
2023 | 10.16% | -1.27% |
2022 | 10.29% | -8.69% |
2021 | 11.27% | 20.61% |
2020 | 9.34% | 42.51% |
2019 | 6.55% |
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.