According to PlayWay's latest financial reports and stock price the company's current Operating Margin is 58.43%. At the end of 2021 the company had an Operating Margin of 68.74%.
Year | Operating Margin | Change |
---|---|---|
2021 | 68.74% | -58.08% |
2020 | 163.95% | 74.65% |
2019 | 93.88% | 0.98% |
2018 | 92.97% | 77.62% |
2017 | 52.34% | 5.83% |
2016 | 49.46% | -30.68% |
2015 | 71.35% |
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.