According to Paycor's latest financial reports and stock price the company's current Operating Margin is -19.88%. At the end of 2022 the company had an Operating Margin of -32.28%.
Year | Operating Margin | Change |
---|---|---|
2022 | -32.28% | 22.05% |
2021 | -26.45% | -0.88% |
2020 | -26.68% |
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.