According to Paragon 28's latest financial reports and stock price the company's current Operating Margin is -16.37%. At the end of 2024 the company had an Operating Margin of -20.88%.
Year | Operating Margin | Change |
---|---|---|
2024 | -20.88% | -21.19% |
2023 | -26.49% | -26.88% |
2022 | -36.23% | 311.59% |
2021 | -8.80% | -294.4% |
2020 | 4.53% | 144.27% |
2019 | 1.85% |
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.