According to WM Technology's latest financial reports and stock price the company's current Operating Margin is 7.38%. At the end of 2024 the company had an Operating Margin of 6.63%.
Year | Operating Margin | Change |
---|---|---|
2024 | 6.63% | -179.72% |
2023 | -8.32% | -118.59% |
2022 | 44.74% | -43.01% |
2021 | 78.50% | 227.08% |
2020 | 24.00% | 3559.18% |
2019 | 0.66% |
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.