SolarMax Technology
SMXT
#9325
Rank
$48 M
Marketcap
$1.06
Share price
1.92%
Change (1 day)
N/A
Change (1 year)

Operating Margin for SolarMax Technology (SMXT)

Operating Margin as of November 2024 (TTM): -51.31%

According to SolarMax Technology's latest financial reports and stock price the company's current Operating Margin is -51.31%. At the end of 2022 the company had an Operating Margin of -15.28%.

Operating Margin history for SolarMax Technology from 2018 to 2024

Operating Margin at the end of each year

Year Operating Margin Change
2022-15.28%59.24%
2021-9.59%-617.18%
20201.86%
2018-16.38%32.41%
2017-12.37%44.46%
2016-8.56%

What is a company's Operating Margin?

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.