According to Sri Trang Gloves's latest financial reports and stock price the company's current Operating Margin is 8.88%. At the end of 2021 the company had an Operating Margin of 54.42%.
Year | Operating Margin | Change |
---|---|---|
2021 | 54.42% | 3.76% |
2020 | 52.45% | 776.29% |
2019 | 5.99% | -44.61% |
2018 | 10.81% | 452.91% |
2017 | 1.95% | -75.98% |
2016 | 8.14% |
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.