According to Tanmiah Food Company's latest financial reports and stock price the company's current Operating Margin is 7.15%. At the end of 2024 the company had an Operating Margin of 4.99%.
Year | Operating Margin | Change |
---|---|---|
2024 | 4.99% | 5.32% |
2023 | 4.74% | -0.77% |
2022 | 4.78% | -664.97% |
2021 | -0.85% | -112.57% |
2020 | 6.73% |
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.