According to Develop Global Limited's latest financial reports and stock price the company's current Operating Margin is -8.02%. At the end of 2024 the company had an Operating Margin of -8.02%.
Year | Operating Margin | Change |
---|---|---|
2024 | -8.02% | -69.61% |
2023 | -26.39% | -87.09% |
2022 | -204.40% | |
2010 | -10,641.63% |
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.