According to Douglas Elliman's latest financial reports and stock price the company's current Operating Margin is -9.42%. At the end of 2023 the company had an Operating Margin of -6.50%.
Year | Operating Margin | Change |
---|---|---|
2023 | -6.50% | 1550.86% |
2022 | -0.39% | -105.22% |
2021 | 7.55% | 332.01% |
2020 | 1.75% | -493.53% |
2019 | -0.44% | -323.27% |
2018 | 0.20% |
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.