According to the Marygold Companies's latest financial reports and stock price the company's current Operating Margin is 10.74%. At the end of 2022 the company had an Operating Margin of 6.23%.
Year | Operating Margin | Change |
---|---|---|
2022 | 6.23% | -67.42% |
2021 | 19.13% | 119.05% |
2020 | 8.73% | 286.59% |
2019 | 2.26% | -74.07% |
2018 | 8.71% | -58.84% |
2017 | 21.17% | 6256.64% |
2016 | 0.33% | -100.36% |
2015 | -91.35% | 549.44% |
2014 | -14.07% | 64.02% |
2013 | -8.58% | -187.72% |
2012 | 9.78% | -124.07% |
2011 | -40.61% | -86.1% |
2010 | -292.15% | 75.92% |
2009 | -166.07% | -93.26% |
2008 | -2,465.60% |
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.