According to Newegg's latest financial reports and stock price the company's current Operating Margin is -0.71%. At the end of 2021 the company had an Operating Margin of 1.28%.
Year | Operating Margin | Change |
---|---|---|
2021 | 1.28% | -16.22% |
2020 | 1.53% | -289.29% |
2019 | -0.81% |
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.