According to Navitas Semiconductor's latest financial reports and stock price the company's current Operating Margin is -84.88%. At the end of 2023 the company had an Operating Margin of -184.34%.
Year | Operating Margin | Change |
---|---|---|
2023 | -184.34% | -239.68% |
2022 | 131.97% | -120.52% |
2021 | -643.07% | 300.21% |
2020 | -160.68% |
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.