According to Allied Tecnologia's latest financial reports and stock price the company's current Operating Margin is 4.90%. At the end of 2023 the company had an Operating Margin of 1.69%.
Year | Operating Margin | Change |
---|---|---|
2023 | 1.69% | 65.84% |
2022 | 1.02% | -81.22% |
2021 | 5.43% | 33.48% |
2020 | 4.07% | 36.33% |
2019 | 2.99% | 10.1% |
2018 | 2.71% | 177.88% |
2017 | 0.98% |
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.