According to Kellton Tech Solutions's latest financial reports and stock price the company's current Operating Margin is 7.84%. At the end of 2023 the company had an Operating Margin of -12.46%.
Year | Operating Margin | Change |
---|---|---|
2023 | -12.46% | -225.79% |
2022 | 9.90% | -11.43% |
2021 | 11.18% | -1.04% |
2020 | 11.30% | -5.54% |
2019 | 11.96% | -5.79% |
2018 | 12.70% | 9.64% |
2017 | 11.58% | |
2015 | 10.76% | 89.02% |
2014 | 5.69% | -38.3% |
2013 | 9.23% | 13.63% |
2012 | 8.12% | -101.52% |
2011 | -534.33% | -2715.12% |
2010 | 20.43% | -116.27% |
2009 | -125.55% |
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.