According to Nacon's latest financial reports and stock price the company's current Operating Margin is 8.59%. At the end of 2022 the company had an Operating Margin of 8.59%.
Year | Operating Margin | Change |
---|---|---|
2022 | 8.59% | -41.14% |
2021 | 14.60% | -5.32% |
2020 | 15.42% | 34.23% |
2019 | 11.49% | 378.04% |
2018 | 2.40% | 62.61% |
2017 | 1.48% |
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.