Starbox Group
STBX
$0.23
Share price
-1.41%
Change (1 day)
-93.11%
Change (1 year)
Categories
Operating Margin for Starbox Group (STBX)
Operating Margin at the end of 2022: 69.64%
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%.
Operating Margin history for Starbox Group from 2020 to 2022
Operating Margin at the end of each year
| Year | Operating Margin | Change |
|---|---|---|
| 2022 | 69.64% | 3.03% |
| 2021 | 67.59% | -154.69% |
| 2020 | -123.59% |
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.