According to Qudian 's latest financial reports and stock price the company's current Operating Margin is 57.33%. At the end of 2023 the company had an Operating Margin of 80.32%.
Year | Operating Margin | Change |
---|---|---|
2023 | 80.32% | -272.03% |
2022 | -46.69% | -191.24% |
2021 | 51.17% | 54.59% |
2020 | 33.10% | -24.79% |
2019 | 44.01% | 27.8% |
2018 | 34.44% | -32.04% |
2017 | 50.68% | 3.94% |
2016 | 48.76% | -149.14% |
2015 | -99.22% |
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.