According to ProSomnus's latest financial reports and stock price the company's current Operating Margin is -22.67%. At the end of 2022 the company had an Operating Margin of -36.84%.
Year | Operating Margin | Change |
---|---|---|
2022 | -36.84% | -13.13% |
2021 | -42.41% | -42.9% |
2020 | -74.29% |
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.