According to Navkar Corp 's latest financial reports and stock price the company's current Operating Margin is 16.50%. At the end of 2022 the company had an Operating Margin of 16.08%.
Year | Operating Margin | Change |
---|---|---|
2022 | 16.08% | 20.29% |
2021 | 13.37% | -38.21% |
2020 | 21.63% | -6.28% |
2019 | 23.08% | -32.39% |
2018 | 34.14% | -1.18% |
2017 | 34.55% | -12.61% |
2016 | 39.53% | 25.01% |
2015 | 31.62% |
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.