According to OPTiM's latest financial reports and stock price the company's current Operating Margin is 14.64%. At the end of 2022 the company had an Operating Margin of 17.88%.
Year | Operating Margin | Change |
---|---|---|
2022 | 17.88% | -32.27% |
2021 | 26.39% | 584.5% |
2020 | 3.86% | 45.75% |
2019 | 2.65% | -72.49% |
2018 | 9.62% | -54.67% |
2017 | 21.21% | 12% |
2016 | 18.94% | 1.39% |
2015 | 18.68% | 185.57% |
2014 | 6.54% |
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.