According to Raydan Food's latest financial reports and stock price the company's current Operating Margin is -25.11%. At the end of 2023 the company had an Operating Margin of -17.26%.
Year | Operating Margin | Change |
---|---|---|
2023 | -17.26% | 15.99% |
2022 | -14.88% | -43.16% |
2021 | -26.18% | -70.88% |
2020 | -89.90% | 4470.45% |
2019 | -1.97% | -125.39% |
2018 | 7.75% | -31.01% |
2017 | 11.23% | -27.05% |
2016 | 15.39% |
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.