According to SharkNinja's latest financial reports and stock price the company's current Operating Margin is 9.72%. At the end of 2023 the company had an Operating Margin of 7.95%.
Year | Operating Margin | Change |
---|---|---|
2023 | 7.95% | -10.18% |
2022 | 8.85% | -23.4% |
2021 | 11.55% | -30.81% |
2020 | 16.70% |
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.