According to Ryan Specialty Group's latest financial reports and stock price the company's current Operating Margin is 17.94%. At the end of 2022 the company had an Operating Margin of 10.39%.
Year | Operating Margin | Change |
---|---|---|
2022 | 10.39% | 141.73% |
2021 | 4.30% | -44.94% |
2020 | 7.80% | -12.17% |
2019 | 8.89% |
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.