According to Mission Produce's latest financial reports and stock price the company's current Operating Margin is -2.64%. At the end of 2022 the company had an Operating Margin of -2.98%.
Year | Operating Margin | Change |
---|---|---|
2022 | -2.98% | -140.3% |
2021 | 7.40% | 45.72% |
2020 | 5.08% | -53.26% |
2019 | 10.87% | 5.48% |
2018 | 10.30% |
Company | Operating Margin | Operating Margin differencediff. | Country |
---|---|---|---|
Fresh Del Monte Produce
FDP | 3.26% | -223.48% | Cayman Islands |
Mission Produce AVO | -2.64% | 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.