According to Selvita's latest financial reports and stock price the company's current Operating Margin is -3.05%. At the end of 2023 the company had an Operating Margin of 19.37%.
Year | Operating Margin | Change |
---|---|---|
2023 | 19.37% | 99.02% |
2022 | 9.73% | 43.63% |
2021 | 6.78% | -50.63% |
2020 | 13.73% | |
2018 | 16.58% | 74.58% |
2017 | 9.49% | -456.27% |
2016 | -2.67% | -138.76% |
2015 | 6.88% |
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.