According to P10's latest financial reports and stock price the company's current Operating Margin is 22.66%. At the end of 2021 the company had an Operating Margin of 2.46%.
Year | Operating Margin | Change |
---|---|---|
2021 | 2.46% | -154.59% |
2020 | -4.50% | -240.39% |
2019 | 3.20% |
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.