According to Westwing Group's latest financial reports and stock price the company's current Operating Margin is -2.60%. At the end of 2023 the company had an Operating Margin of -2.12%.
Year | Operating Margin | Change |
---|---|---|
2023 | -2.12% | -69.81% |
2022 | -7.03% | -293.34% |
2021 | 3.64% | -43.38% |
2020 | 6.42% | -146.4% |
2019 | -13.84% | 33.13% |
2018 | -10.40% | -29.74% |
2017 | -14.80% | 51.14% |
2016 | -9.79% | -65.11% |
2015 | -28.07% | -28.67% |
2014 | -39.34% |
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.