According to Prestige Group 's latest financial reports and stock price the company's current Operating Margin is 28.89%. At the end of 2023 the company had an Operating Margin of 26.71%.
Year | Operating Margin | Change |
---|---|---|
2023 | 26.71% | -16.96% |
2022 | 32.16% | -24.24% |
2021 | 42.46% | 88.58% |
2020 | 22.51% | -14.06% |
2019 | 26.20% | 42.2% |
2018 | 18.42% | 6.61% |
2017 | 17.28% | -16.57% |
2016 | 20.71% | -26.37% |
2015 | 28.13% | -1.1% |
2014 | 28.44% | -2.87% |
2013 | 29.29% | 14.01% |
2012 | 25.69% | -19.44% |
2011 | 31.89% | 38.44% |
2010 | 23.03% | -26.31% |
2009 | 31.26% | 108.94% |
2008 | 14.96% | -32.67% |
2007 | 22.22% | 116.17% |
2006 | 10.28% |
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.