According to Predilife's latest financial reports and stock price the company's current Operating Margin is -1,400.41%. At the end of 2023 the company had an Operating Margin of -1,400.41%.
Year | Operating Margin | Change |
---|---|---|
2023 | -1,400.41% | 6.07% |
2022 | -1,320.33% | -49.08% |
2021 | -2,592.89% | 187.98% |
2020 | -900.36% | -90.88% |
2019 | -9,872.55% | 172.17% |
2018 | -3,627.40% | -16.74% |
2017 | -4,356.48% | -99.98% |
2016 | -20,457,425.00% |
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.