According to Progyny's latest financial reports and stock price the company's current Operating Margin is 4.67%. At the end of 2022 the company had an Operating Margin of 3.11%.
Year | Operating Margin | Change |
---|---|---|
2022 | 3.11% | -52.06% |
2021 | 6.48% | 157.44% |
2020 | 2.52% | -167.55% |
2019 | -3.73% | -43.03% |
2018 | -6.54% | -74.5% |
2017 | -25.64% |
Company | Operating Margin | Operating Margin differencediff. | Country |
---|---|---|---|
Progyny PGNY | 4.67% | 0.00% | ๐บ๐ธ USA |
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.