According to ProFrac's latest financial reports and stock price the company's current Operating Margin is 16.71%. At the end of 2022 the company had an Operating Margin of 14.50%.
Year | Operating Margin | Change |
---|---|---|
2022 | 14.50% | -354.87% |
2021 | -5.69% | -73.59% |
2020 | -21.54% |
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.