According to Ourpalm's latest financial reports and stock price the company's current Operating Margin is 22.35%. At the end of 2023 the company had an Operating Margin of 19.64%.
Year | Operating Margin | Change |
---|---|---|
2023 | 19.64% | 101.13% |
2022 | 9.77% | -111.92% |
2021 | -81.93% | -467.24% |
2020 | 22.31% | -0.09% |
2019 | 22.33% | -114.42% |
2018 | -154.86% | -1271.38% |
2017 | 13.22% | -56.92% |
2016 | 30.69% | -35.6% |
2015 | 47.65% | 0.19% |
2014 | 47.56% | 4.92% |
2013 | 45.33% | 7.15% |
2012 | 42.31% | 21.11% |
2011 | 34.94% | -12% |
2010 | 39.70% | 47.7% |
2009 | 26.88% | 62.59% |
2008 | 16.53% |
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.