According to Lemonsoft's latest financial reports and stock price the company's current Operating Margin is 20.60%. At the end of 2023 the company had an Operating Margin of 25.50%.
Year | Operating Margin | Change |
---|---|---|
2023 | 25.50% | -12% |
2022 | 28.98% | 61.8% |
2021 | 17.91% | -37.48% |
2020 | 28.65% | -3.03% |
2019 | 29.54% | 15.55% |
2018 | 25.56% |
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.