According to Quick Heal 's latest financial reports and stock price the company's current Operating Margin is 2.88%. At the end of 2022 the company had an Operating Margin of 26.22%.
Year | Operating Margin | Change |
---|---|---|
2022 | 26.22% | -30.48% |
2021 | 37.72% | 54.29% |
2020 | 24.45% | -26.51% |
2019 | 33.27% | 12.88% |
2018 | 29.47% | 47.97% |
2017 | 19.92% | -14.74% |
2016 | 23.36% | -7.47% |
2015 | 25.24% |
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.