According to Madison Square Garden's latest financial reports and stock price the company's current Operating Margin is -22.92%. At the end of 2022 the company had an Operating Margin of -22.92%.
Year | Operating Margin | Change |
---|---|---|
2022 | -22.92% | -89.59% |
2021 | -220.29% | -574.74% |
2020 | 46.40% |
Company | Operating Margin | Operating Margin differencediff. | Country |
---|---|---|---|
![]() Madison Square Garden MSGE | -22.92% | 0.00% | 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.