According to PLAID,Inc.'s latest financial reports and stock price the company's current Operating Margin is -12.30%. At the end of 2022 the company had an Operating Margin of -13.77%.
Year | Operating Margin | Change |
---|---|---|
2022 | -13.77% | 647.28% |
2021 | -1.84% | -93.87% |
2020 | -30.07% | 5.31% |
2019 | -28.55% | 99.74% |
2018 | -14.30% |
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.