According to LuxUrban Hotels 's latest financial reports and stock price the company's current Operating Margin is -210.73%. At the end of 2023 the company had an Operating Margin of -62.21%.
Year | Operating Margin | Change |
---|---|---|
2023 | -62.21% | 597.88% |
2022 | -8.91% | 214.05% |
2021 | -2.84% | -94.18% |
2020 | -48.80% | 2460.3% |
2019 | -1.91% |
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.