According to Snap One's latest financial reports and stock price the company's current Operating Margin is -0.90%. At the end of 2021 the company had an Operating Margin of -4.28%.
Year | Operating Margin | Change |
---|---|---|
2021 | -4.28% | 17.68% |
2020 | -3.63% | -55.11% |
2019 | -8.09% |
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.