According to Offerpad's latest financial reports and stock price the company's current Operating Margin is -7.85%. At the end of 2022 the company had an Operating Margin of -3.75%.
Year | Operating Margin | Change |
---|---|---|
2022 | -3.75% | -1271.4% |
2021 | 0.32% | -114.85% |
2020 | -2.16% | -55.11% |
2019 | -4.81% |
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.