According to LumenRadio's latest financial reports and stock price the company's current Operating Margin is 11.71%. At the end of 2024 the company had an Operating Margin of 14.63%.
Year | Operating Margin | Change |
---|---|---|
2024 | 14.63% | -38.27% |
2023 | 23.70% | 16.85% |
2022 | 20.29% | 16.65% |
2021 | 17.39% | -204.57% |
2020 | -16.63% | -2110.73% |
2019 | 0.83% |
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.