According to Wix.com's latest financial reports and stock price the company's current Operating Margin is 8.80%. At the end of 2023 the company had an Operating Margin of 2.42%.
Year | Operating Margin | Change |
---|---|---|
2023 | 2.42% | -107.19% |
2022 | -33.71% | 707.55% |
2021 | -4.17% | -72.94% |
2020 | -15.43% | 37.29% |
2019 | -11.24% | 100.06% |
2018 | -5.62% | -56.49% |
2017 | -12.91% | -14.47% |
2016 | -15.09% | -36.75% |
2015 | -23.86% | -36.75% |
2014 | -37.73% | 11.84% |
2013 | -33.74% | 1.78% |
2012 | -33.14% | -63.81% |
2011 | -91.58% | -20.69% |
2010 | -115.47% |
Company | Operating Margin | Operating Margin differencediff. | Country |
---|---|---|---|
![]() | 65.61% | 645.57% | ๐บ๐ธ USA |
![]() | -28.12% | -419.55% | ๐จ๐ฆ Canada |
![]() | 10.75% | 22.16% | ๐บ๐ธ USA |
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.