According to ORION's latest financial reports and stock price the company's current Operating Margin is 16.58%. At the end of 2022 the company had an Operating Margin of 17.09%.
Year | Operating Margin | Change |
---|---|---|
2022 | 17.09% | 4.46% |
2021 | 16.36% | -9.84% |
2020 | 18.15% | 15.11% |
2019 | 15.77% | 4.04% |
2018 | 15.16% | 45.15% |
2017 | 10.44% |
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.