According to Symbotic's latest financial reports and stock price the company's current Operating Margin is -20.93%. At the end of 2022 the company had an Operating Margin of -23.66%.
Year | Operating Margin | Change |
---|---|---|
2022 | -23.66% | -51.3% |
2021 | -48.58% | -59.47% |
2020 | -119.86% | 13.44% |
2019 | -105.66% |
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.