According to Phillips Edison & Company's latest financial reports and stock price the company's current Operating Margin is 23.36%. At the end of 2022 the company had an Operating Margin of 9.48%.
Year | Operating Margin | Change |
---|---|---|
2022 | 9.48% | 193.04% |
2021 | 3.23% | 194.88% |
2020 | 1.10% | -108.08% |
2019 | -13.57% | -224.32% |
2018 | 10.91% | -181.51% |
2017 | -13.39% | -481.64% |
2016 | 3.51% | -37.36% |
2015 | 5.60% | -146.58% |
2014 | -12.03% | -28.75% |
2013 | -16.88% |
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.