According to Dexerials Corporation's latest financial reports and stock price the company's current Operating Margin is 28.51%. At the end of 2023 the company had an Operating Margin of 27.91%.
Year | Operating Margin | Change |
---|---|---|
2023 | 27.91% | 12.35% |
2022 | 24.84% | 112.5% |
2021 | 11.69% | 57.01% |
2020 | 7.45% | 20.03% |
2019 | 6.20% | -18.77% |
2018 | 7.64% | 179.08% |
2017 | 2.74% | -77.44% |
2016 | 12.13% | -17.32% |
2015 | 14.67% |
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.