According to Loop Media's latest financial reports and stock price the company's current Operating Margin is -71.40%. At the end of 2022 the company had an Operating Margin of -95.61%.
Year | Operating Margin | Change |
---|---|---|
2022 | -95.61% | |
2020 | -548.33% | 319.45% |
2019 | -130.72% | 0.16% |
2018 | -130.51% | 20.58% |
2017 | -108.24% | -90.8% |
2016 | -1,177.13% | -55.22% |
2015 | -2,628.84% |
Company | Operating Margin | Operating Margin differencediff. | Country |
---|---|---|---|
Sinclair Broadcast SBGI | 8.78% | -112.30% | 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.