According to Starbox Group's latest financial reports and stock price the company's current Operating Margin is 69.63%. At the end of 2022 the company had an Operating Margin of 69.64%.
Year | Operating Margin | Change |
---|---|---|
2022 | 69.64% | 3.03% |
2021 | 67.59% | -154.69% |
2020 | -123.59% |
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.