According to Latitude Group Holdings's latest financial reports and stock price the company's current Operating Margin is -19.31%. At the end of 2023 the company had an Operating Margin of -19.32%.
Year | Operating Margin | Change |
---|---|---|
2023 | -19.32% | -309.72% |
2022 | 9.21% | -60.21% |
2021 | 23.15% |
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.