According to M-tron Industries's latest financial reports and stock price the company's current Operating Margin is 14.38%. At the end of 2022 the company had an Operating Margin of 8.15%.
Year | Operating Margin | Change |
---|---|---|
2022 | 8.15% | 2.95% |
2021 | 7.92% | -17.96% |
2020 | 9.65% |
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.