According to TENDA's latest financial reports and stock price the company's current Operating Margin is 10.58%. At the end of 2022 the company had an Operating Margin of 10.29%.
Year | Operating Margin | Change |
---|---|---|
2022 | 10.29% | -8.69% |
2021 | 11.27% | 20.61% |
2020 | 9.34% | 42.51% |
2019 | 6.55% |
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.