Procaps Group
PROC
$2.82
Share price
-7.24%
Change (1 day)
-38.16%
Change (1 year)
Categories
Operating Margin for Procaps Group (PROC)
Operating Margin as of May 2024 (TTM): 4.87%
According to Procaps Group's latest financial reports and stock price the company's current Operating Margin is 4.87%. At the end of 2021 the company had an Operating Margin of -21.27%.
Operating Margin history for Procaps Group from 2020 to 2022
Operating Margin at the end of each year
| Year | Operating Margin | Change |
|---|---|---|
| 2021 | -21.27% | -8404.8% |
| 2020 | 0.26% | -108.34% |
| 2019 | -3.07% |
What is a company's Operating Margin
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.