According to Piedmont Lithium's latest financial reports and stock price the company's current Operating Margin is -71.60%. At the end of 2006 the company had an Operating Margin of -71.61%.
Year | Operating Margin | Change |
---|---|---|
2006 | -71.61% | |
2004 | -23.77% | 36.58% |
2003 | -17.41% | 317.4% |
2002 | -4.17% | -241.99% |
2001 | 2.94% |
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.