According to JOANN's latest financial reports and stock price the company's current Operating Margin is -9.36%. At the end of 2022 the company had an Operating Margin of 2.88%.
Year | Operating Margin | Change |
---|---|---|
2022 | 2.88% | -66.86% |
2021 | 8.70% | -136.48% |
2020 | -23.85% | -1315.87% |
2019 | 1.96% | -30.7% |
2018 | 2.83% |
Company | Operating Margin | Operating Margin differencediff. | Country |
---|---|---|---|
JOANN JOAN | -9.36% | 0.00% | ๐บ๐ธ USA |
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.