Syntec Optics
OPTX
#9141
Rank
$45.12 M
Marketcap
$1.23
Share price
0.00%
Change (1 day)
-88.40%
Change (1 year)

Operating Margin for Syntec Optics (OPTX)

Operating Margin as of October 2024 (TTM): 0.36%

According to Syntec Optics's latest financial reports and stock price the company's current Operating Margin is 0.36%. At the end of 2023 the company had an Operating Margin of 6.49%.

Operating Margin history for Syntec Optics from 2024 to 2024

Operating Margin at the end of each year

Year Operating Margin Change
20236.49%-813.43%
2022-0.91%-106.78%
202113.42%

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.