According to PB Fintech's latest financial reports and stock price the company's current Operating Margin is -10.85%. At the end of 2023 the company had an Operating Margin of -18.24%.
Year | Operating Margin | Change |
---|---|---|
2023 | -18.24% | -68.3% |
2022 | -57.54% | 291.25% |
2021 | -14.71% | -59.91% |
2020 | -36.68% | -45.28% |
2019 | -67.03% |
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.