According to Profire Energy's latest financial reports and stock price the company's current Operating Margin is 16.28%. At the end of 2022 the company had an Operating Margin of 12.38%.
Year | Operating Margin | Change |
---|---|---|
2022 | 12.38% | -294.09% |
2021 | -6.38% | -48.53% |
2020 | -12.39% | -235.4% |
2019 | 9.15% | -51.45% |
2018 | 18.85% | 1.31% |
2017 | 18.61% | 2998.24% |
2016 | 0.60% | -96.42% |
2015 | 16.79% | -31.57% |
2014 | 24.53% | 91.47% |
2013 | 12.81% | -53.11% |
2012 | 27.32% | -5.08% |
2011 | 28.79% | -1.25% |
2010 | 29.15% | 36.73% |
2009 | 21.32% | |
2006 | -35.75% | -9.15% |
2005 | -39.35% | 661.2% |
2004 | -5.17% |
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.