According to MAG Interactive's latest financial reports and stock price the company's current Operating Margin is -4.54%. At the end of 2022 the company had an Operating Margin of 5.30%.
Year | Operating Margin | Change |
---|---|---|
2022 | 5.30% | 142.61% |
2021 | 2.19% | -121.01% |
2020 | -10.40% | 4.52% |
2019 | -9.95% | -66.91% |
2018 | -30.08% | -527.47% |
2017 | 7.04% | -50.65% |
2016 | 14.26% | -57.35% |
2015 | 33.43% |
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.