According to Snail Inc's latest financial reports and stock price the company's current Operating Margin is -29.09%. At the end of 2021 the company had an Operating Margin of 9.48%.
Year | Operating Margin | Change |
---|---|---|
2021 | 9.48% | -68.1% |
2020 | 29.72% | -258.44% |
2019 | -18.76% |
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.