According to Enter Air's latest financial reports and stock price the company's current Operating Margin is 9.44%. At the end of 2023 the company had an Operating Margin of 9.16%.
Year | Operating Margin | Change |
---|---|---|
2023 | 9.16% | 167.87% |
2022 | 3.42% | -127.16% |
2021 | -12.59% | -68.48% |
2020 | -39.95% | -699.51% |
2019 | 6.66% | 6.98% |
2018 | 6.23% | -18.5% |
2017 | 7.64% | 6.42% |
2016 | 7.18% | 27.47% |
2015 | 5.63% |
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.