According to Spencer's Retail 's latest financial reports and stock price the company's current Operating Margin is -3.53%. At the end of 2022 the company had an Operating Margin of -5.05%.
Year | Operating Margin | Change |
---|---|---|
2022 | -5.05% | -18.09% |
2021 | -6.16% | 36.91% |
2020 | -4.50% | -2714.84% |
2019 | 0.17% |
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.