According to Medicare Group's latest financial reports and stock price the company's current Operating Margin is 16.67%. At the end of 2023 the company had an Operating Margin of 13.51%.
Year | Operating Margin | Change |
---|---|---|
2023 | 13.51% | -16.86% |
2022 | 16.25% | -0.6% |
2021 | 16.35% | -8.85% |
2020 | 17.93% | 12.53% |
2019 | 15.94% | -8.69% |
2018 | 17.45% | 2.67% |
2017 | 17.00% | 22.37% |
2016 | 13.89% | -54.1% |
2015 | 30.27% | -11.88% |
2014 | 34.35% | 60.38% |
2013 | 21.42% | 65.77% |
2012 | 12.92% | -3.09% |
2011 | 13.33% | -28.22% |
2010 | 18.57% | -1945.53% |
2009 | -1.01% | -106.8% |
2008 | 14.79% | -140.09% |
2007 | -36.90% | -168.82% |
2006 | 53.62% | -110.06% |
2005 | -533.11% |
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.