According to Netwealth's latest financial reports and stock price the company's current Operating Margin is 46.90%. At the end of 2022 the company had an Operating Margin of 46.90%.
Year | Operating Margin | Change |
---|---|---|
2022 | 46.90% | -13.77% |
2021 | 54.39% | 5.2% |
2020 | 51.71% | -0.5% |
2019 | 51.97% | 45.04% |
2018 | 35.83% |
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.