According to Hudco's latest financial reports and stock price the company's current Operating Margin is 0.00%. At the end of 2023 the company had an Operating Margin of 88.84%.
Year | Operating Margin | Change |
---|---|---|
2023 | 88.84% | -6.72% |
2022 | 95.25% | 7.3% |
2021 | 88.77% | 10.3% |
2020 | 80.48% | 7.63% |
2019 | 74.77% | 114.31% |
2018 | 34.89% | -52.49% |
2017 | 73.43% | -4.6% |
2016 | 76.97% | 8.95% |
2015 | 70.65% | -16.58% |
2014 | 84.69% | 8.49% |
2013 | 78.06% | -4.16% |
2012 | 81.45% |
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.