Kits Eyecare
KITS.TO
#7661
Rank
$0.21 B
Marketcap
$6.97
Share price
-2.68%
Change (1 day)
85.29%
Change (1 year)

Operating Margin for Kits Eyecare (KITS.TO)

Operating Margin as of September 2024 (TTM): 0.24%

According to Kits Eyecare's latest financial reports and stock price the company's current Operating Margin is 0.24%. At the end of 2023 the company had an Operating Margin of -1.10%.

Operating Margin history for Kits Eyecare from 2020 to 2024

Operating Margin at the end of each year

Year Operating Margin Change
2023-1.10%-76.16%
2022-4.63%-78%
2021-21.06%315.41%
2020-5.07%-196.17%
20195.27%

What is a company's Operating Margin

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.