According to KFin Technologies's latest financial reports and stock price the company's current Operating Margin is 37.40%. At the end of 2023 the company had an Operating Margin of 37.34%.
Year | Operating Margin | Change |
---|---|---|
2023 | 37.34% | -10.38% |
2022 | 41.67% | 60.87% |
2021 | 25.90% | 48.69% |
2020 | 17.42% |
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.